FaalHaas

More sideways ahead on BTCUSD?

OKCOIN:BTCUSD3M   None
So, we failed to move past major resistance at $490 on quarterly futures. We have way to many margin longs on Bitfinex and everyone wants a free ticket to the moon.

Another month of sideways will leave room for an BTCE:LTCUSD pump as it's trying to break from the BTCE:LTCBTC ratio. Let's close these longs and start over, please?
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