Bitcoin Heading to Danger Zone current $4237.25 28Sept17

As we move closer to our DANGER ZONE, a number of you are asking me where I see Bitcoin price going after $4,500 price zone. It's early days, but this is a POSSIBLE scenario (see my Chart Analysis).

Now we have some news events pending, like China's crackdown on Exchanges and Hard forking Announcement coming up, so only Price will tell us if this plays out. However, we don't want to be emotional in our trading. We DO want to remain CALM and IN CONTROL to make RATIONAL decisions that make us money NOT impulsive reactive decisions with NO PLAN which loses us money.

Caveat: If a different structure plays out we STOP, REASSESS and RE-EVALUATE this way we have a Plan but leave ourself OPEN to CORRECTING/ADJUSTING the Plan according to the Market movements.

Hope that makes sense and helps,

Sean Vengan
Professional Trader and Trading Educator

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