BTCUSD | Short-Term update
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Long term Bia remains unchanged
From a pure technical analysis stand point if bears keep this pressure on , the next leg from here is down. Bulls Likely need to break out of this corrective structure for a short term base. From an options universe stand point , BTC is in highly negative gamma , so strong Volatility is to be expected.
Refer to charts below for a long term view and passed views
Posting monthly performance VIA twitter for those who are interested
