Bitkingfx

Expecting a correction back to trend line, but then...who knows?

Short
BITSTAMP:BTCUSD   Bitcoin
I am almost certain we will see a correction back to the trend line, we are seeing very clear divergence on the MACD which I simply can't ignore.

Once we hit the trend line, it's hard to say at this moment in time, could we see another wave up or a deeper correction, time will tell and we should have more clues once price meets the trend line again.

I will be posting some Altcoin ideas as we should see a little money flow back into Alts as is usual when Bitcoin retraces.

Good luck traders.

Bitking.

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