Post
Topic
Board Speculation
Re: BTC First Target Reached - Position Open For Possible 2nd Leg Down to $324
by
Cryptoalerts.net
on 04/11/2014, 01:14:18 UTC
Short Target has been reached.

We have closed 2/3 of the shorts.

Keeping 1/3 with break even stops @ $335, just in case it tests the Lower 200MA BB Currently @ $315 or below.

We will Re-Evaluate our models soon.

Consider closing all shorts before the giant squeeze happens!

Thank you for your comment.

However we have to disagree, as a "giant squeeze" will produce another unhealthy bubble.

Bitcoin needs orderly ascending prices and stability.