AllMountain

Bitcoin - Few more days of correction

BITFINEX:BTCUSD   Bitcoin / Dollar
My previous targets are now being confirmed: $8990 and 8100.
The people who are coming now ask if the bitcoin             is over? Panic is a feeling that leaves us blind and unable to analyze a situation.
But the answer comes from another question: Have you stopped believing in the crypto future because of this fall? Of course not!

The bad news is that the strongest support is between $6000-7000.
The good news is that I believe this will happen for just a few more days - something around a week, or until a good news comes out.

So I think positions should be neutral for medium-term operations.
Short and Long positions for large percentages risks being caught in the trap until a trend change is observed.

After this we will see many bulls running loose on the digital fields again.

Telegran free trading signals: https://t.me/AllMountainTrader
BTC             donations: 19fGUD9WXNHxtPE4v2ugbNjqp5dT9VVE3N
Kommentar: Remember: we are in a trap region. Recommended only short term trades.
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