BTC Short - correction not over

This current bounce was nothing but BTC stalling mid-correction. After weeks of parabolic activity it had to happen. Be mindful of ALT positions, avoid the suckers rally as this further correction will no doubt drag the rest of the market down with it. This is not bad, this is not a surprise, just trade accordingly. Target for re-entry is 8-9k.

Good luck to all.

-Alamo
BTCUSDChart PatternscorrectionCryptocurrencyHarmonic PatternsshortTrend Analysis

Disclaimer