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BTC / USD - H1 - Up to 7000 and dump to 5000 $, we buy at 5000

# News @ Tradecoin + 04.07.2018
BTC / USD - H1

Hello, good night to you

I know you must be satisfied now because of the days that have gone up today. However, after this update, you will need to be careful with your account.

As you all know, the BTC is tending to correct slightly after creating a peak at $ 6700, as the previous news we have predicted the market trend may reach the threshold of $ 7,800 after correction. . However, based on the current Elliott wave, we are seeing a correction of the Fibonacci Retracement 61.8% to the $ 7030.3 level on the Bitfinex (ie, the BTC has a small increase of about 5% 2 days from today until 5.7.2018 and finish the correction process.

Next, the BTC is likely to return to the downtrend and fall back about 30% of the value, returning to the $ 5,000 mark over a 21-day period, the end of the downtrend. We will buy BTC at the price of 5000 - 5200 USD to prevent the BTC case Failed as the BTC has shown in the past.

The disputed price range of 6400 - 6500 USD is very important, you can also see today the whole market is prone to cautious in trading. We will also track the BTC pricing and SL calculations in the $ 6400 range. If you drop from this price, please rest assured to follow the previous news that we updated (ie BTC after adjustment will increase back to the level of $ 7800 at the end of this month.

With today's complicated developments, we recommend that you take care of every transaction and try to preserve the capital. The motto that we give and recommend you right now is: "It does not matter how much you buy the price, important you sell and make a profit."

We also advise you to focus on Altcoin's profit margin (the altcoin's recent BTC prices) ** when BTC reaches the peak in this newsletter if the BTC is exactly the time period we calculated ** *.

Finally, we wish you good health, successful transactions. Do not forget to like and share.
Thank you very much!

* Consolidated Bulletin dated 30.6.2016
** Include the Altcoin @GeishaOhio has advised to buy
*** Disclaimer: Please self-trading with your account

[Harry]

bitfinexBTCBTCUSDBTCUSDTWave Analysis

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