CryptoCheck-

BTCUD - Pullback could be a Shakeout

CryptoCheck- Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone

I'm not too worried about the current pullback, from the analysis it seems likely to be a shakeout.

Target for 73K still intact. NOTE that it is imperative to asses your own risk at these levels (price discovery and ATH ranges).

Best Regards
Ev
Comment:
In the 1D, the green has made contact with the 50 line and in the 3D our grey is about to drop beneath level 50. We could see a few days of correction, but it is also possibly an extended shakeout in which case the fractal here is a good example:

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