10-6-2015 Bitcoin market update, bullish, improved liquidity
Chinese exchanges will close at the highs since the last drop. We are waiting on US exchanges to close higher and confirm this move. Either way, it looks bullish. I was partially bullish when btc was trading at 240 or so, but because liquidity was so bad, I entered only a 50% position. I expect liquidity to improve in the coming day which usually comes with LTC chatter on this discussion, that is when you know!
Yesterday, I added more at 241 when price was trending up, before I discovered about the Gemini news. I am holding my longs tight just like any trend followers would do. I post this excerpt of Jesse Livermore, "Its a bull market you know", from time to time during a period of trending market. I find it interesting and true in trading.