tylenisbobas

Bitcoin is bullish but some correction is ahead

tylenisbobas Updated   
BITFINEX:BTCUSD   Bitcoin
BTC showed good bull run this week, but don't go FOMO just yet, wait for reversal and 8300 breakout.

Comment:
Bulls are losing the momentum, if the current level wont hold, we will enter another bear market with a LONG TERM target of 5000. If we break up above the 8300, the bull scenario is still valid.
Comment:
The market is back to normal Bearish regime.
The plan: waiting for another dead cat bounce and increase shorting position size.

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