Quinton84
Short

24hr or less prediction.

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
With the S&P 500 hitting a plateau and as well as a slight drop , I believe BTC will begin to drop this week. Bitcoin has failed to produce higher highs over the last few days leading me to believe it has run out of steam for the moment. After this mornings drop in price, it appears that BTC has made the standard correct back to the .618 fib at a price of $7110 and may potentially drop to $6802 as the next target. It could very well go to $6700, but I'll play this conservative.

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