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Tradingisparty
Mar 11, 2016 9:50 AM

BTC Bitcoin two day forecast Short

Bitcoin / U.S. dollarBitstamp

Description

Based on my experience, bitcoin market very often pumps and then corrects itself. Usually there are moves in like 20-40 USD and then correction half the way. I see the price rise for last few days, I expect it to reach like 425, maybe 430 and then I expect correction to like 410-400 range. I think this cycle will happen until sunday/monday. You should prepare yourself for short then. BITSTAMP:BTCUSD

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I am waiting for price to rise to around 425 and then shorting, be ready :)
Comments
TereMius
Spot on for now, good prediction
Tradingisparty
Check the todays price. It happened almost as I forecasted ;)
coinwatcher
i agree with the possibility. an eventual gartley or crab harmonic pattern would lead us back down to 410/400
Tradingisparty
what do you think of this analysis? Please share your ideas, I am new here and want to become good advisor on bitcoins price as this is commodity, I am following for very long time and I find myself quite successful on price prediction here
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