BITSTAMP:BTCUSD Bitcoin / U.S. Dollar
The exchange rate continues to decline in trend. However, we are now looking for a correction in the exchange rate. Its size may be 19%. If our analysis is correct, the exchange rate can reach 4549 usd. That is why we take long position positions within a day. In the longer term, however, we expect a downward trend. Short-term long-term price is 4549 usd. Our long-term short-term price continues to be 1700 usd.