Divergence across the board - Expect pullback to 20 EMA

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I don't like Bitcoin, because of uncertainty that it brings. Government and Regulators could kill Bitcoin stone dead ages ago, but it seems that at the moment though some grey eminences making too much money, for this to stop.

The world’s biggest exchange is joining the bitcoin revolution.
Bitcoin futures start trading Sunday night at CME Group Inc.’s venue, a week after Chicago rival Cboe Global Markets Inc. introduced similar derivatives on the volatile cryptocurrency.

That means that professional traders and investors are going to make bitcoin more applicable to Technical Analysis. Lets see how this divergence will play out - I expect it to retrace to around 16 000 - 17 000. Be careful because Bitcoin can make you rich - but it can also wipe out your account.

www.bloomberg.com/ne...s-cme-debuts-futures

Trade geschlossen: Ziel wurde erreicht:

First Target Reached 17 000...

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Trade geschlossen: Ziel wurde erreicht:

Second Target Reached 16 000...
Now I will be looking for a buying opportunity.
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