donniebrasco

Long on short term reversal in the next week

Long
BITSTAMP:BTCUSD   Bitcoin
3
I predict bitcoin will move back to about 340 before losing steam and heading south again. Theres fib resistance based off the last low-high retracement at 317-- which was hit today. I wrote previous long charts about bitcoin being at a pivotal point. It looks like it will not take the same path as 2013-- where it reversed after hitting the last fib retracement line. Were in dangerous territory now, if it does not hold 370. I may be calling it early, but I think it is headed down. Sub 300 prices for christmas.
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