this what im watching for

Bitcoin / Dollar BITFINEX:BTCUSD

Mitchel_L

like my previous post i still think something like this will happen.

Wait for the first resistance around 36 level wait for confirmation or rejection. if it breaks through that resistance 45 level kan be in the cards. But if it rejects there i think this will have a cascading effect of shorts very bearish sign, a strong wick below 22 with a quick reversal back to those levels.

Lets wait and see what will happen. Another thing to notice sentiment is really really really bearish extreme fear is in the market right now for me great possibilty for atleast a pop up to 36

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