As labelled in the chart, the rise of bitcoin from $149 level is clearly corrective. I therefore expect a strong down-move in bitcoin to below $100 soon.
Trade active:
Expect further fall in bitcoin as described earlier.
Trade active:
Following up on bitcoin. I expect a rise to $691.00 levels before a strong continuation down. Chart later. NB: I maintain the view that bitcoin should drop to below $100 soon. After that expect a strong re-bound to above $2000 levels.
