BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC is finishing wave b and reacted on the .618 level and is about to leave a beautiful weekly pinbar . If my count is correct BTC might go all the way down to the $7200ish area. I’m also bullish on XRP and they generally move together so this is a good hedge. Also if you don’t like betting against bitcoin it’s good to be patient and hold the ones you already own and if price reaches $7200 then just buy up more. Happy investing everyone.
Comment: weekly candle closed as indecision rather than pinbar but bias is still the same
Comment: price is at the .786 level but it bounced off lets see if it can reject it and continue down.


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