DariusFxTrading

Bitcoin short - 14k Target

Short
BITSTAMP:BTCUSD   Bitcoin
On Bitcoin I see the price doing a bigger correction to the downside. The last weekly candles were all bullish. If this weeks weekly candle will close bearish we may see a correction at least till the 0.382 Fib Level. But the price may retrace more to the downside. I do expect that it will give us a correction till the 0.618 Level which is perfectly in alignment with our Support / Resistance Level.

Afterwards I do expect that Bitcoin will continue to move higher.

What do you think?

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