FX_Crypto_Trader

Bitcoin Bear?

Largo
BITSTAMP:BTCUSD   Bitcoin
Well Bitcoin has shown us its possible next direction. I was stopped out at 4K pips, and that's why we put our SL into profits when moving up with price I guess not surprisingly it looks like it could be a bear. We have now had our second lower low and a lower high created in structure. Elon Musk said he will no longer accept BTC for Tesla and Bitcoin took a nose dive. Is this just a reaction to what he said? Or are we entering a short term bear market? We have already got out demand zones marked out where to buy in next, lets just hope it drops further so we can get a good cheap price to buy in again. GLIYF

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