Giovi6969

Time to correct and revisit the 10k?

Giovi6969 Updated   
BITSTAMP:BTCUSD   Bitcoin
Not a short trade, this is a buy the dip scenario
After this over extention, Btc hit an important fibonacci level. There could be a correction incoming from this level

Do not short this market unless very experienced
Comment:
I have nothing about bull trends, but this parabola is a bit concerning, too fast, much?
I really hope it's going to calm down slightly or imitate the 2013 parabola, otherwise something might be wrong
Comment:
10.400$ on Bitstamp today
Might be interesting.
Comment:
Alright that's a clear 10k hit (10.111)
Apologizes for having been off of 1 day though
If this is a bull market, dip is to be bought
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.