Bitcoin Price Watch; Downside Profit PositionAs the chart shows, action went against our initial upside bias, and broke through the level we had slated as support to the downside shortly before lunchtime in the UK. After this break, a sustained downside run carried price to our downside target, pretty much directly after the break in question. While we obviously prefer upside trades (as these serve to benefit our longer-term holdings as well as our short-term speculative efforts), our breakout strategy is...
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