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.
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