BTC swing swings forecast

BTC swing swings forecast

Bitcoin / U.S. dollar BITSTAMP:BTCUSD


It looks like the BTC bulls have finally punched themselves out. If we’re going to set up a down move from here I’d expect to see a drop off from the current high, a range somewhere a bit below it and then a stronger sell in the next move. Once we’ve made some corrective patterns in around the 42 – 43K area, the next move into 31K sets up. Forecast good while prices are under swing stop giving in first swing entry (See attached)

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