EinsteinLabs

Bitcoin Projection

Long
EinsteinLabs Updated   
BITSTAMP:BTCUSD   Bitcoin
After much review of the market we believe that its going down prior to goin parabolic again.Currently we have a Bearish MACD crossing on weekly last time this happened Bitcoin lost almost half its value. I dont think this will have the same impact as December 2017 however it will drive the price down. Bakkt is already built into the price buy the rumor sell the news its not going to have a significant impact immediately. HK has removed the extradition bill for funds safely flow back into HK banks which initially impacted BTC price positively.

Comment:
Short to 8k range into October then long via the chart info.
Comment:
Just as we stated the weekly MACD cross will always prevail huge red candle down to remind you. We are in a bull run but this will dump as drawn above prior to going parabolic again.
Comment:
We are right on track!!! Amazing Short and it will only get better. Bakkt did exactly as we expected the result is market dumping.
Comment:
So far right on target!!!!!! Predicted on September 6th
Trade closed: target reached

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