traderview2

BTC: 50 Week MA Has ALWAYS Provided a Bounce

traderview2 Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello All,

Anticipated Drop has occured. In my last idea, I warned everyone of this and urged to take profits!

#BTC Update-

The blue line is the 50 week MA. BTC has never just broken right below after a new high was formed.

It has ALWAYS bounced. I expect the same.

That retracement is between 30%-50% of the drop from high.

That same retracement lands BTC at about $43,000-$47,000.

Thanks.

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Comment:
Heres the pump!

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