BTCUSD pull back to $6k? Long

Bitcoin / DollarBitfinex

Description

⋅ May 13, 2019 11:51 AM

Seems like the BTC bull is back in business.
I anticipate a pull back to around 6k region before a strong move upwards to 8.5k region.

Any pull back deeper / past the 6k region is also welcome.

Bias = long _-_long term
Bias = short_-_very short term for pull back only.

Not financial advice
For educational purposes only.

Supply and Demand

Comments

martinbrits28

⋅ May 13, 2019 9:51 PM

I tend to agree with your view.
Here is mine:

EZ_Trader

⋅ May 14, 2019 11:03 AM

@martinbrits28, 61.8% retracement will be a sweet spot for reversal. Hope we can get this pull back to come back deep enough for fresh load on BTC longs.