Wave-Trader

BTCUSD Looks like Bottemed at 3K

Panjang
BITSTAMP:BTCUSD   Bitcoin
Hi there,

BTCUSD is making the move finally, Volatility is back on BTCUSD.

We still may see one more drop back at bottom at 3k and then rise. Currently we dont have price action for one more drop we are looking for the bullish trend to continue after forming correction.


At current price we are expecting correction to complete and then break for the next bullish leg.

In case price is going to break the short term bullish trend sharply then we may see one more drop before big bullish wave.


We are longer term bullish on the BTCUSD and our target is the 20K.

Good Luck.

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