JonRulz

Bitcoin topping or not?

COINBASE:BTCUSD   Bitcoin
Bitcoin Topping at a 9 on multiple time frames via TD sequential. BTCUSDShorts are going down. Alts starting to gain momentum. These are bearish signs for bitcoin . Ichimoku still bullish on multiple time frames. If bitcoin breaks below 7.5k, I am looking at a run down to around 6k or 5k. If bitcoin stays above 7.5k in the next 4 days, I am expecting this to continue to 9.5k (33.82% fib) and possibly even dreaming 11.5k (50% fib) as take profit values. If bitcoin reaches 11.5k without much correction, I except that it will have a 30% correction from here with a very high probability.

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