Bitcoin

Bitcoin shorts at our selling opportunity at 6600/6650 offered up to 550 pips in minutes yesterday morning as we collapsed below 6100. A break below 6000 is the next sell signal targeting 5900/5880 & the low for this year at 5780. This is NOT expected the pair hold for long in the bear trend.

First resistance at 6200/6250 & gains are likely to be limited but above 6300 targets resistance at 6400/6430.

BITCOIN


The contents of our reports are intended to be understood by professional users who are fully aware of the inherent risks in Forex, Futures, Options, Stocks and Bonds trading. INFORMATION PROVIDED WITHIN THIS MATERIAL SHOULD NOT BE CONSTRUED AS ADVICE AND IS PROVIDED FOR INFORMATION AND EDUCATION PURPOSES ONLY.

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