IvanLabrie

BTCUSD: Potential bottom after a bearish sentiment extreme

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BITFINEX:BTCUSD   Bitcoin
I think BTC has bottomed here. I resumed my spot long position at roughly 864 euros earlier.
I only had a 20% long position, and the rest in cash and ZEC, MLN and ETH.
My clients and me have been riding the uptrend with great success, and reducing risk during market corrections. It's not yet clear if the trend will resume yet, but, this was a good low risk level to try and join it once more.
Keep in mind I keep a core long term position open at all times, which I never sell, and the same is true of ETH, and maybe ZEC too soon.

If interested in learning more, or gaining access to my private signals group, contact me via pm.

Good luck,

Ivan Labrie.
Komen:
Bam...so, yes, that was the bottom. Now we might form an accumulation range here, before going higher. We're executing our trading plan, so far so good, let's see how this week pans out.
Komen:
Damn son...think that I rode all this thing up, I sold half of the coins last night.

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