Bitcoin (BTC) has been on a long bear trend here, and from the looks of it, I don't think we've seen the end of it. Breaking $6k since our last big drop was certainly not what we were looking for in terms of gaining against USD. While we did cross our MA earlier today with a short rally, I'm setting our buy at $6,700. We're very overbought right now and I do expect a pullback down to the low $5,000s in the next few weeks.
Segment 10
I'll be buying if we do cross $6,700 if I am wrong here, but I'm short for the time being.
Segment 10
- 06/20/2018 - BUY $6,700
- 06/22/2018 - SELL $6,500
- TBD - BUY TBD
- Beginning ($): $14,600
- Ending ($): $14,100
- Beginning (BTC): 2.18
- Ending (BTC): TBD
I'll be buying if we do cross $6,700 if I am wrong here, but I'm short for the time being.
