Bitfinex: since we're still almost a $billion in the hole and fending off lawsuits, let's just "borrow" our customers' funds to keep the ponzi going a little while longer.
I am really struggling to find a bullish case here for $BTC. $12325 would need to be claimed with a close for me to cancel out $7500-8066 as the bottom of this correction.
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$BTC
- Bullish above 8600
- Bearish below 8150
- Expecting a test of the 21 EMA (about $7800)
- Volume declining while price increasing -- bearish
- Not trading until I get some clarity
- Cash is a position