Bitcoin (XBTUSD) price update for Wednesday, January 16th, 2019.

News about Ethereum’s delay of the major Constantinople upgrade after Blockchain audit firm ChainSecurity, discovered a security issue with on of the changes, put pressure on ETHUSD price spreading panic thought the whole market with BTC moving below key level of $3570, where buyers showed up, trying to hold that level and increasing chances for a bullish scenario described in the last BTC Price Update. Aggressive short scenario from $3700 level works well at moment and Mr. Shadow is moving stop loss in breakeven zone, to not get caught in case if bulls gain more power, and show up.
See you tomorrow and best wishes from Mr. Shadow