TrippyBlock

BTC Oversold

Short
TrippyBlock Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has reached MA 100 on the daily chart and might go to 45750$ to reach 0,618 Fib Level.

RSI has reached an oversold level. So I expect a strong bounce by the end of the month to 53000$

This is one of the normal 30% Bitcoin Corrections we got used to in the past. Don't get yourselves caught up in the FUD and negative news.

Take advantage of this dip and trade carefully.
Trade closed: target reached

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