Hi traders ! Firts sorry for my english i'm french.
In my opinion, we are in an extended fifth wave wich should result in bearish moove down to aproximativly the green zone. Hope i'm wrong for those who buy at these level.
Bitcoin has also been bumping up against the 10,000 EUR mark for a few days on GDAX. This could be a temporary psychological resistance for the European markets.
Inspirar
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@Phattyoshis, Good observation. I think you must be right. All the best
DU09
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lol
Inspirar
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I agree. It seems to have run out of steam in exhaustion. Who knows how far down it can go, but as I see it, it needs a good correction down to get more fresh money into to pump it back on up to fresh highs. I think 8.000-8.500 will suffice and that's where I'll go long. All the best!