Thecryptonizer

POTENTIAL PULLBACK PATTERN FOR BTCUSD

Thecryptonizer Updated   
BITSTAMP:BTCUSD   Bitcoin
PLAN

- After the JP Morgan News about BTC, the price started pumping because that is the biggest bank in USA.

- If the price closes below the $31300 or FIB RETRACEMENT 0.786.

- The price might have pullback to any of the three target.


INFO

- Trade shorts cautiously, with the support of the hourly EMA.

- The link to the CNBC news of JP MORGAN: www.cnbc.com/2020/12...lock-to-bitcoin.html

- Yup, during recession period people would search for a safe haven to store their money. BITCOIN IS THE DIGITAL GOLD AND THE FUTURE CURRENCY ...


SIGNING OFF,
THE CRYPTONIZER
Order cancelled:
BULLS are still strong ... Targets would be the next $42K and $46K. This is based on "FIB RETRACEMENT" and the sentiment of the market.

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