Bitcoin
Short

BTC/USD 1W Masterplan

631
Technical
  • Bearish Pennant
  • Rising Wedge
  • Overbought StochRSI
  • Money Flow Index in the overbought area
  • EMA200 Resistance
  • Year Low Volume Record

Fundamentals
  • Mt.Gox Rehabilitation Plan on April 26th for distribution of BTC mtgox.com/img/pdf/20190320_report.pdf - Last Report 20 March 2019
  • Google Trends show low0interest World Wide in Bitcoin trends.google.com/trends/explore?q=bitcoin
  • Cboe removed XBT Contracts due to low volume & interest from their customers into this product.
  • ETF & Bakkt aren't in our short-term sight anymore due to other priorities from CFTC & SEC. Also, S.E.C disapproved ETF due to market manipulation from unregulated exchanges.


Trade Opened at 4040$ - Stop-Loss: 4100

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