mrhashem

Bitcoin LongTerm & MidTerm Analysis

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
After Weekly close above $11600 now bitcoin caused a change of behavior on the weekly scale.
Weekly & Monthly Charts suggests a test of $14000 but in the ShortTerm, there will be some corrections and pullbacks.

For the ShortTerm, we can get $11800 as a pivot .
For the MidTerm, we can get $11500 as a pivot .
For the LongTerm, we can get $10800 as a pivot .
"As pivot" I mean if it's a break, it is a change of behavior in that scale and time frame.


Bitcoin on Macro is Bullish until it is above $10800.

Without Risk and Position Management, You WILL Lose Money.