CoinSignals

BTC Blow off phase

Short
BITSTAMP:BTCUSD   Bitcoin
BTC Update

Since last few days we saw 7 continuous daily green candles on bitcoin & For strong growth ahead bitcoin needs some correction.

Currently Market is entering in blow-off phase and As Bitcoin is forming similar pattern & fractals like last blow off phase so we are expecting a correction.

No one knows exactly where it is going to top but based on our analysis there is possibility of $23k - $25k and then correction midterm to following targets $18k - $15k - $12k.

Expecting bearish move to start next week starting 21st of December.

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