Bitcoin. Is the correction over?
In the last idea we looked at the downside scenario with targets 28850, 28300 and 27600, practically the price reached the last target without reaching 0.5%, as a result the decline was about 5%. I was waiting for an entry point around 29600, but ended up selling around 29350. At the moment I think that this movement has some chances to continue, and we might see some decline to 27600 and 26700, but I am not going to keep the short position, so I closed above zero at the current prices. If the rally down will not happen, I would like to see the formation of some consolidation, and at an exit from it, maybe some trades will be opened.
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