Bitcoin Technical Analysis: October 5, 2015

Entry:SELL SHORT XBT24H(BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at238USDwith a spot stop limit of 238.3 USD.Exit:CLOSE XBT24HSHORTposition at236.5USD; Consider reducing the position by 40%-60% by taking profit at 237 USD.Video Analysis:https://youtu.be/3qNOPlRXFLI

WRITTEN BY

Arthur Hayes

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