Update on a look at Bitcoin price movement

November 17, 2018

Thoughts for now: at the moment, despite the fact that most traders believe in a further decline, we are skeptical about this scenario. The longs have already been shaved, everything else, albeit not in huge amounts, but must quickly pay off. It is hardly possible to believe in the breakdown of 5000-5200. 5200 area of ​​stops of those who took at 5400-5500, and at 5000-5500 there is an active purchase of long positions, while the breakdown of stops 5200 will give a step to 5000, where there will be a more serious payoff. Perhaps the scenario is played out to remove the shortsters who believe in mining losses forks, etc., they have money and they need to be taken away

Bitcoin price movement comparison, be careful

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