BTC - 8% correction for 30 min.

in #bitcoin7 years ago

Hello all,

Bitcoin continues to show vertical growth. But a few minutes ago there was a rollback from the highs by 8% in just 30 minutes. This is not a good sign. I close speculative aggressive long positions. I leave only the strategic long.

6750 - to become a local level of support.

Big picture.

In general, the uptrend continues. I think we can see 8000-9000 before the upcoming hardfork in mid-November. But do not forget about the fact that on the way to new highs we can see sharp corrections. Keep track of the levels marked on the graph.

Big picture.

Big daily picture.

Previous post.

Previous analysis of Litecoin.

37 trillion bubble.

I wish you huge profits,
your @nutcracker.

Disclaimer: This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.