Cryptocurrencies Strategy Trends

BITCOIN: Correcting but still upwards?

Quick update here…

It is clear that 13000 USD is a very strong resistance level. BITCOIN is now correcting after touching that value in the past few hours.

However, I am still confident of considering 14500 USD as a realistic target as planned 6 days ago in this post .

Also because I think this correction is forming the 4th wave of the Violet 5-waves count, so, still a 5th is missing.

This correction may “enrolled” further buyers who felt that they were late a few hours ago and I believe it should push again the price upwards…If so, a new Year’s High will come and the current resistance at 13000 USD will become our newer support.

The only thing I hope is that the new wave up will come mainly from “Fresh” FIAT and not mainly from the altcoins which are really being devastated by the Crypto King, including STEEM of course.

@toofasteddie


Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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