Bitcoin: Correction @ 10K Or Will The Madness Continue?!
I have expanded my previous pitchfork to accommodate this insane pump from BTC. Most of the indicators (RSI, MACD, Ichimoku, Bollinger Bands) all indicate that BTC is still very strong. Stoch is telling us that BTC is way overbought, but since when did BTC ever pay attention to that?
I do believe that Bitcoin is long overdue for a correction, but when that comes is highly uncertain. I think that 10K could be a huge psychological barrier and we could see a pullback then. But we'll have to wait and see. The bears are getting no love at the moment.
I do believe that Bitcoin is long overdue for a correction, but when that comes is highly uncertain. I think that 10K could be a huge psychological barrier and we could see a pullback then. But we'll have to wait and see. The bears are getting no love at the moment.
Comment:
Have we finally found some resistance @ 9500?
Trade closed: target reached:
BAM! Target hit. Let's see what happens now...
Comment:
The correction is finally happening!
