Bitcoin report for 12th October.
Bitcoin shorts at our selling opportunity at 6600/6650 offered up to 550 pips in minutes yesterday morning as we collapsed below 6100. A break below 6000 is the next sell signal targeting 5900/5880 & the low for this year at 5780. This is NOT expected the pair hold for long in the bear trend. First resistance at 6200/6250 & gains are likely to be limited but above 6300 targets resistance at 6400/6430.