KairiChan

BTC slowdown and test 20k

KairiChan Updated   
BITFINEX:BTCUSD   Bitcoin
I think the market is running out of steam as the MACD reaches all time highs. Wait to test the 20k level. wait to see what the CME futures will do. Wedge passes the 20k so it seems to be the target rather then 25k or "TO THE MOON" projections. If 20k fails we will see a small correction and a retest. Hold on LONG until we know what the 20k does. seems like a good support level if we make it.
Comment:
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Comment:
I Have changed my position here to LONG rather then neutral. check my other idea which is very similar but with a more confident outlook towards a bull run.
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