BTC UPDATE
The dump we were talking about didn't happen yet, we still need to
gather liquidity in the $28,500 - $29,000 zone.
However, since the price hasn't been dumping for a
very long amount of time, a bunch of SHORT positions were opened. The market needs to
liquidate them first, and after that we can go down.
The
target for this upward movement is located at
$31,250. Makes sense to catch it since the stop loss is quite obvious
(below $30,000).
If the price
breaks above the $31,400 and takes hold there, the bearish scenario will be declined.
