ProSignalsFx

BITCOIN AT 14000|WHAT TO EXPECT?|FUNDAMENTALS AND TECHNICALS|

Short
BITSTAMP:BTCUSD   Bitcoin
BITCOIN has hit 14.000 dollars! Congrats!
It is surging on the fundamentals including PayPal incorporating Bitcoin into its payment system,
The Turks and The Chinese using Bitcoin to escape the draconian capitals controls to get their money out of the country, the "halving" of the mining reward etc..
On the technical side, however, we can see a confluence of the resistance levels mounting.
Thus I'd be very careful entering any longs right now.
Rather, I'd wait for the pullback, and add BTC into my portfolio at the more comfortable levels.

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