Bitcoin flirting with the 50% retracement level after hack....
After the bitfinex hack, the price of bitcoin plummeted to prior support levels around $536. Once we break $596 (the 50% retracement level) our next level to hit is $610..... Once i see the 50% level break I will go long around $597-$598 with the intent to get out around $610 or higher....I trade using leverage, hopefully the move is quick.....