Hetgus

When will the bitcoin correction happen?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
bitcoin current price (usd 16.000) is aprox. 40% above its weekly moving average (usd 11.400). This can continue for another one or two weeks but a correction will have to happen sooner than latter. Be ready for it as we might see a 30% drop.
I am neutral in the short term as bitcoin prices can keep going up but, if you´re in profit, now it is a good time to start selling part of your coins.

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and please... close your longs on leverage!!!
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