Retracement of Bitcoin??? Back to $6,000 - $4,000? (D1)
Dear Traders,
After successfully predicting trades for BTC the past 4 weeks, I now see a new development emerging.
There is the possibility of Bitcoin dropping further in price, back to 0% - total retracement. The volumes of sells are nuts. Big investors are still shorting and the MACD is well and truly Bearish, EMAs are down. In a correction phase as of now but expect a break in the channel as confirmation to the next target of $6,300 After that to $4,452.
This is daily so be sure to short BTCUSD when you see the flag.
Opportunity to buy cheap Bitcoin in the future, like most stocks, that increase in price summertime.
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