Forexblade

Bitcoin will collapse to 9500 from today 10550

Short
BITSTAMP:BTCUSD   Bitcoin
On weekly bitcoin went too far without correcting to buying zone. Past few weeks is correction on weekly going to buying zone between 9600 and 9000. Without correction to this zone first , it will have really hard time to move up.
At the same time on daily it’s trying to break down bunch of supporting ma. The move will be same as high to middle point and same distance down. Most likely to 9500 as this level is above o.38 fibo and will very easy to reach.

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