porden

The case to Long Bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
I think we are in wave 4 correction.
Wave 2 retraced less than 0.382 , so for wave 4 i likely going to retrace between 0.5 and 0.68 fib level.
Target Buy 8700
Stop loss 8480
Take profit 10600

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.