Trading2ez

BITCOIN - WILL we see 24k-12k?

Short
Trading2ez Updated   
BITSTAMP:BTCUSD   Bitcoin
Hey tradomaniacs,

since the FED has announced its plan to tighten their monetary policy BTC/USD really suffers under the risk-off mood in the equity-market.

Technically we see an S/H/S-Pattern which is, according to the textbook aiming for the area of 24.000 (which would be an awesome discount).
On the daily-chart we have the risk of a double-top-pattern... if that one gets triggered Bitcoin could even drop down to 13.0000. oO

Just according to the textbooks... Not sure whether this is even possible.


What do you think and expect?

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Peace and good trades
Irasor

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