Jackrabbit_Trading

BTC update ---> in 4 to 6 days a BUY signal (28th-30th june)

Short
BITSTAMP:BTCUSD   Bitcoin
BTC update
Everything is according to plan. Like we called earlier last week that the market would go down after the 22th of June. Today, 24th of June we saw the market go down as expected. Today we saw the “green” ball on the Hash Ribbon. This green ball signals that the Miners capitulation is recovered. In the past after this signal, on average, we saw 4-6 days later a “blue”Ball, The buy signal.
Therefore we think that a Buy signal will appear around 28th – 30th of June. What will the bottom be? We think around $7200 and $8600 due to the VPVR and the support lines.

Stay focused..!

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