BTCUSD - Next stop 8200?

Another short update on BTCUSD.BTCUSD

Last weekend we almost perfectly hit the 0.5 retracement @1190$, it is very likely that the uptrend now came to an end.
A drop to 8200$ could be right around the corner, however a detour to 11500$ is still possible.
Stay tuned and manage your risk, don't underestimate this market.

I will watch BTCUSD very carefully in the next few days and will announce a SHORT if possible.

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