sunilvedula

BTC Fall triggerd by DOW fall. Support at 42500

BITSTAMP:BTCUSD   Bitcoin
BTC can turn bearish only if it closes below 42500. Earlier post i was bullish and also it met first tgt of 43400 at which point my software gave an exit. I assume the run would continue until 48k. But since my software gave a sudden exit couldn't post as the fall also happened suddenly. This could be because of profit booking in DOW which took already support and is bouncing back. Ideally BTC will only give a breakout to upside if we see a closing above 43773/43858 and will go downside only closing below 42524/42003/41859

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