SuddenFX

BITCOIN possible sell off

BITSTAMP:BTCUSD   Bitcoin
It's that time of year again where profit taking and panic could drive the price back to the mean average.

This is a good place to lock in profits if you are long.

I expect a sudden and swift move down to hit the stops followed by a small pump into late November to put in the ceiling and start another down trend.

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.