Good Bye Bitcoin
We are under 10K. Stick a fork in it. Sorry NS. It will probably never see 10K again. The GLD is opening for the second day under the daily uptrend channel in gold since the March low. We closed on Friday at the top of the ST GDXJ channel and we appear to be opening near the bottom of the channel which is 56.
Went flat at close on Friday to avoid weekend risk for my trading portfolio. Rats.
Im not a fan of Bitcoin Noman
But here is GBTC
Its not done yet IMO
But the writing is on the wall
http://schrts.co/QnmQgVcd
PS …what have you been shorting?
Buying JDST at top of channel and JNUG at bottom of channel.
Using ten minute channel
Bottom of channel. should get bounce.