secrets2trade

Bitcoin Correction Not Over Yet!

BITSTAMP:BTCUSD   Bitcoin
Hello Traders,

As already several times mentioned, Bitcoin is in an daily/weekly correction, and the current pullback is not any surprise for us. BUT the daily move to the downside is for my taste a little too strong but this doesnt change the view.

We are now expecting Bitcoin to go to around $2600, from there we expect a pullback and again making one more leg lower. Lets see! We dont like to sell and we will wait for a good buying opportunity maybe next week.

Hope that helps

Cheers
Penafian

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