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Bitstamp Do You Know Where Your BTC Is?

Bitstamp cocked and loaded…well that’s the wrong visual but you get the idea.  Sitting in the don’t touch me box for now but should exit soon.

Bullish Scenario – we break back above 645 and look for long setups on 1hr time frames or less.  1st stop level would be 633 ish & looking for a a retest of the high 710.Bearish Scenario – We take out 610 and all the late buyers remaining in the parabolic spike to 710 dump with stops being triggered and we have a rapid decline to 570’s and possibly 550s.

I never get too far ahead.  As market price action develops I will re-access but this is the picture as it stands right now.  GL


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