WiseTraderIO

Is BTC headed towards a correction?

Short
WiseTraderIO Updated   
BITFINEX:BTCUSD   Bitcoin
As predicted in the preview idea, BTC topped around 12700.

The next move, in my opinion, will determine whether Bitcoin is headed towards major correction or not.

On the bigger time frame it looks to me that an ABC correction is developing.

Trade active:
Yesterday flirted with the invalidation area.
First Target achieved!
Expecting some consolidation and then going back for Target 2
Comment:
Trade closed: target reached:
Well done boys, target 2 achieved!

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