Khaledzu

Bitcoin | retracement before 27k ?!

Khaledzu Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello Everyone,

Bitcoin this month is very bullish and almost all indicators are inflating and all market need to see some correction before the continuation to 24k then 27k.

- the first support that may hold the correction will be 20800
- even going lower and testing 19k support should be healthy for the market and acceptable as a correction after this massive pump.

I think bitcoin dominance will put a lot of pressure on altcoins. so, I think alts will bleed more than bitcoin in this correction.

stay safe and make sure to collect your profits continuously.

thanks
Trade closed: target reached
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