Market looks very weak with alt coins making new 6 month lows. This is also teh 4th time bitcoin test the 575 support area. Market is down, shorting and folloiwng the trend. My stop is above 585 which is a congested area. If bidders step in and go above this price, I am wrong. Therefore, the risk/reward ratio here is pretty good.
My twitter post:
Bitcoin has hit target 450, I made a post about it on reddit. I covered at 459.5.