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Buy Bitcoin @ 3000 - Risk:Rewards & Returns Explained

Long
Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) BTCUSD BTC
46
6
trendanalysis bitcoin btcusd btc
Assuming Bitcoin dips towards 3000 Area, a bounce to 23.6% Pullback will deliver 131% Returns at a Risk:Reward Ratio of 1:3 & a bounce to 38.2% Fib Area will deliver 207% potential returns at a Risk:Reward of 1:5, assuming the price finds a floor around 2976 with 1800 Area as a Stop Loss
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