Bulls out of energy drinks.After much volume and powerful movement over the last few weeks, I think we have reached a peak after failing to break through the $680 zone. A great rally none the less.
It's time for the Bulls to recharge with a short term dip into to the $500 zone which will be seen by many as the last time BTC will be so cheap. I expect a lot of buying at these prices and a fresh round of buying to commence pushing us up further.
I will be shorting $570 with a $590 stop loss. I will be shorting $620 with caution if we don't return to $570.
I will be long $540-580 zone where I'm assuming the energy drinks will be back in stock.
Good luck.
