StGex

BTC/USD - Correction or not?

BITSTAMP:BTCUSD   Bitcoin
Hello there,

We have the big fat BTC here which grew a lot in the last weeks. Some of us expect correction but.. when it would be? and how much?

I make my bet saying that the Fib last resitance it could bring it but not without a short squeeze.

Considering that the investors in leveraged market use a 10% of portofolio that mean BTC would kill some of them by passing $22000, so that such a good price for a correction.

And the graphs shows that it s still possible one last push for such an amount.

In the next idea I will publish the best buying support for such a move.

Hope you good luck and see you on the moon next year.

This is not a trading advice.
St.Gex

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