HenkGK

Scenario for BTC

Short
BITSTAMP:BTCUSD   Bitcoin
There is one of my scenarios for BTC, the formation of XABCD is being built. The proportion of the formation is not super perfect, but very close. So now a price should go to level $5000 (level $6000 is also possible as the end of correction – 61,8%), next up to at least $12400.
Crossing $9650 will delete this scenario.

There is not any financial advice, just my analysis of the situation.

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.