For the short term I believe there will be a retracing of about a 14.5% to 15% back to our support indicated here around the $240 dollar price range. I know there have been a few posts declaring a fall back to between $240 and $250 and now I would have to agree with this information. Granted, unless we see some major headlines on ETF's or better exchanges like Gemini coming out, I still am Bearish on the near term.
Comments
DigitalCurrencyTraders
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Thanks for the chart. I'm a blind bull and it's good to see another view of the same pattern. As I write, prices are sharply approaching my stops.
altcoinbonanza
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Bitcoin will take no prisoners. Just make sure you have stops and in this way you can really play when we start to move up.
DigitalCurrencyTraders
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Featured you on today's video. youtube.com/watch?v=IQkFIc70xrc
;-)
altcoinbonanza
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That is so hilarious! LOL I watch you every so often. Such a small world. Send me your twitter address because I wanted to tip you for information that was beneficial to me. Wow, so cool.
altcoinbonanza
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You made the right choice because since your posting it has dropped another couple points.
DigitalCurrencyTraders
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My twitter is @lumbridgecity - lumbridgecity.tip.me :-)
altcoinbonanza
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I am tipping you with Digibyte. Thanks again.
altcoinbonanza
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Funny because we where posting our information around the same time this morning. Early birds for sure.