YMGroup

BTC buyers are weaken, possible correction after such huge rise

Short
BITSTAMP:BTCUSD   Bitcoin
Both my previous BTC long was very profitable trades, you can check them here:
First idea
Second idea
Now I'm personally think that BTC is ready to go down at least an correction.
At this moment price trades in bearish flag which can put btc price to 59.000 USD
This level also coincide with 1.618 Fibonacci level and 59k already have 2 price touches in past.
So, now i'm waiting a correction and after that will continue to long BTC and alll crypto market.

If you will support this idea with like and comment this will be the best thanks from your side.
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.