Bitcoin Technical Analysis: December 8, 2015

Entry:SELL SHORT XBT24H(BitMEX Daily BTC/USD futures contract) whileXBT24His at400USDwith a spot stop limit of 405 USD.Exit:CLOSE XBT24H SHORT position at 376 USD; Consider reducing the position by 40%-60% by taking profit at 382 USD.Video Analysis:https://youtu.be/GkkyL5ltxI4

WRITTEN BY

Arthur Hayes

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