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Mihai_Iacob

Bitcoin- ready to dive again

Short
Bitcoin (COINBASE:BTCUSD)  
Mihai_Iacob  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BOTCOIN bitcoinforecast BTCUSD
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trendanalysis chartpattern indicator botcoin bitcoinforecast btcusd
From the 4000 USD/BTC zone, bitcoin rose to 7500, almost doubling its value.
This rally has a corrective structure though and I'm expecting a new dive and challenge of 4k zone.
The confirmation comes with a daily close under 7k psychological and confluence support.
A sell trade with a SL above 7500 has a great R:R of 1:5
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