DK_Investment

Bitcoin at the crossroads

Long
BITFINEX:BTCUSD   Bitcoin
Hey guys, after today's small crash caused by several bad news, a first good buy opportunity under $ 10000 was created. I expect in the next few days a renewed increase of $ 11600 (0.5 Fib retr.) And then a correction that will decide the medium-term course of the bitcoin. If we see another bear phase prices of the already tested $ 6000 support line are well possible.

For short traders I see a good entry opportunity to sell again soon at $ 11600

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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.