jakedubbz

BTC - Weekly Short Trade

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BITSTAMP:BTCUSD   比特幣
Currently at 78.6% fibonacci retracement, should this hold on the higher timeframes I would expect a downturn from here.

Lower timeframes look good, Daily closes on or around the retracement around $57K is what im expecting.

This could be pricing in some negative news coming in soon, around the 15th - 18th October with the US Government running out of money.

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