CycleForecast

BTC in possible correction before more upside

BITFINEX:BTCUSD   Bitcoin
BTC could be experiencing a temporary decline towards the lower red warning line of my Schiff pitchfork in an a-b-c type format. Whether the move upwards was a first wave or part of a much larger correction remains to be seen but should price make it lower towards the lower red warning line then I would expect BTC to be testing higher prices that could eventually break the 10 000 usd price level.

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