BTC is in longterm rose up channel, on 14500 it'll reach the middle of it+0.5 fib channel, so if it'll stop there, will be possible
to see correction to 0.382 (10 000) or 0.236 (5 600) fib channel.
Break below blue uptrend will signal of the start.
to see correction to 0.382 (10 000) or 0.236 (5 600) fib channel.
Break below blue uptrend will signal of the start.
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very possible, that money from btc will flow to some alt coins. Let's see.
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hold short
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after 12800 break will be blood
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now middle of the rose channel looks like resistance.btc made possible false break (close of this week will show), so still hold short.
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I lowered final target to 3600 in btcusd and changed final bchusd target to 14000.
now if it holds this level, it has big chance for correction.
I opened short today on 14450.