rywal

Descending Wedge -Strong resistance still at 7100 area

BITSTAMP:BTCUSD   Bitcoin
I think we are going to climb up to 7500 and beyond. I think one more minor dip as there is currently about 70% shorts at the moment. Push to 7500+ and then the correction will come. There is still some money to be made before the fork. Don't get caught with your pants down! I think there will be a major correction. BTC is still going up because over the last 24 hours we have been at 51% buys. Not a clear indicator, but it's just a theory.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.