TradingView
PatienceIsParamount
Apr 16, 2018 12:47 PM

Bitcoin to $7,500, and will rebound back to $8,100 Short

Bitcoin / DollarBitfinex

Description

After some heavy analysis and viewing multiple ideas, and looking at the general market sentiment, I believe BTC will go down to the buy zone of $7,500, and since the massive gain we had recently was so sudden and unexpected, there will probably be some BTC orders from people who missed that chance, and are waiting for a minor correction to the key level of $7,500, upon which these buy orders will cause a rebound of BTC back to its bullish reversal trend of $8,000 and beyond.

By May 2018, God Willing, BTC will return back strongly to its levels of $9,000 - $10,500.

Let's see how this plays out.

Remember, patience is paramount!

Peace.
Comments
PatienceIsParamount
A success!
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