UGTraders

BTCUSD - Long term forecast!

BITSTAMP:BTCUSD   Bitcoin
According to the previous published idea, Bitcoin is expected to have a bullish trend until we reach the psychological resistance level:



I've gone through everything to re-analyze the market again, it turns out that Bitcoin will visit the resistance level at 18000$ Then it will collapse!! but WAIT, talking about collapsing isn't that thing to talk about easily. After getting to our targets into this bullish trend, we must revisit the analysis again and rest assure that the market momentum is lost completely to cause that collapse.



So this forecast to be taken into your consideration, and to warn you to NOT rush into the happiness of getting into the moon without reasonable market structure.


To be updated...




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