WilcoBakker

Bitcoin dropping to 5000 USD by end of February

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin could suffer a big overcorrection from its massive price increase in late 2017. If this trend continues Bitcoin will hit as low as 5000 dollars by the end of February. Short seems like a good option. Stop loss at 10,000 USD or lower advised. (dependent on date)

Disclaimer: This is no investment advise and I am not accountable for any consequences based on actions you may or may not have taken upon this analysis.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.