BitcoinShort
Divergence across the board - Expect pullback to 20 EMA
Updated
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I don't like Bitcoin, because of uncertainty that it brings. Government and Regulators could kill Bitcoin stone dead ages ago, but it seems that at the moment though some grey eminences making too much money, for this to stop.
The world’s biggest exchange is joining the bitcoin revolution.
Bitcoin futures start trading Sunday night at CME Group Inc.’s venue, a week after Chicago rival Cboe Global Markets Inc. introduced similar derivatives on the volatile cryptocurrency.
That means that professional traders and investors are going to make bitcoin more applicable to Technical Analysis. Lets see how this divergence will play out - I expect it to retrace to around 16 000 - 17 000. Be careful because Bitcoin can make you rich - but it can also wipe out your account.
bloomberg.com/news/articles/2017-12-17/bitcoin-heads-to-bigger-wall-street-stage-as-cme-debuts-futures
I don't like Bitcoin, because of uncertainty that it brings. Government and Regulators could kill Bitcoin stone dead ages ago, but it seems that at the moment though some grey eminences making too much money, for this to stop.
The world’s biggest exchange is joining the bitcoin revolution.
Bitcoin futures start trading Sunday night at CME Group Inc.’s venue, a week after Chicago rival Cboe Global Markets Inc. introduced similar derivatives on the volatile cryptocurrency.
That means that professional traders and investors are going to make bitcoin more applicable to Technical Analysis. Lets see how this divergence will play out - I expect it to retrace to around 16 000 - 17 000. Be careful because Bitcoin can make you rich - but it can also wipe out your account.
bloomberg.com/news/articles/2017-12-17/bitcoin-heads-to-bigger-wall-street-stage-as-cme-debuts-futures
Trade closed: target reached
First Target Reached 17 000...Subscribe to get more analysis and motivate me)
Trade closed: target reached
Second Target Reached 16 000... Now I will be looking for a buying opportunity.
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