Bitcoin weekly is still in a corrective structure (weekly...

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    Bitcoin weekly is still in a corrective structure (weekly Trading channel).....daily you can see the price action and why what happened happened....it was purely technical nothing else....predicting price action from here is difficult as we have to take into account different time zones and the structures within those time zones and how they can change and adapt.....

    I would we looking for possible further falls back to 4400 ish region (possinly a big lower to really draw in shorts) before a another corrective flag .....which could see it make new highs or get close, take out recent shorts, and then we have the big short which could see it go back to 2500ish over the coming months......

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    Last edited by specgoldbug: 03/09/17
 
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