RE: [11-19-2017] Will Bitcoin be BULLISH or BEARISH? [The Daily Bitcoinbarometer Forecast]

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[11-19-2017] Will Bitcoin be BULLISH or BEARISH? [The Daily Bitcoinbarometer Forecast]

in bitcoin •  7 years ago  (edited)

Great source of TA, I also see BTC primed for a correction to the 5500 usd level or so. We formed a double top pattern and now just waiting for the confirmation when the price drops to the support level at 7480. One thing though, on the fundamentals side there might be a rush of new money coming in from retail investors and the CME futures might keep the prices up. I think a healthy pullback is in order but it seems it's been weeks in the making. What are your thoughts?

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