torquio
Short

Bitcoin: beware of bitcoin here

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin has had an impressive rally but it could have sucked in too many longs. I believe there is a danger of a sharp deep correction from here

Comments

I’m still bullish for the long-term.
For the short-term, I think a correction is due.
Whether we hold 10.5-11k would be the key.
Check out our analysis.
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torquio Phi-Deltalytics
@Phi-Deltalytics, oh 100% agree with you. I expect a massive resumption of the bull market in cryptos. I am just saying at this point in time and price one needs to be careful.
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@torquio, I wouldn't be longing at the current level either, but not sure about a steep correction. I think it could be a minor correction or just sideway consolidation.
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