Still not sure I trust Bitfinex but Bitcoin is as overbought at the moment (according to 4hr Indicators) as I have seen in long time.

Been getting frustrated with sitting on sidelines as well...there is good money to be made here going both short and long. Hindsight is 20/20 as they say, but putting good/bad news to one side, Bitcoin really has been playing all the school-boy supports and resistance levels like a fiddle.

Also finding that my ability to predict course of Bitcoin becomes jaded when I am just looking on as spectator (with impatience for bear trend to come to it's end) other than as a player with skin in the game, and I want to know within myself when we are in true bottom territory, or at least within true reversal territory, at which point I will throw the kitchen sink into going long Bitcoin.


Hells Bells, If you are short then I had better cash my trade in whilst there is still a bit of profit on it.