EnvisionEJ

BTC Decelerating into an unmitigated area.

Corto
BITMEX:XBTUSD.P   Bitcoin
Good morning traders!

The BTC forecast remains the same as yesterday-are we reaching the top of the current run up?

Currently the signs are pointing to yes, we are decelerating into the back edge of the daily sell range.

Do I expect a deep pullback-define deep? A pullback to the area marked with the yellow circle would mark be a pullback to discount on the weekly along with a retest of a strong range which was never mitigated.

I do expect bullish momentum to continue after a pullback, again pushing for ATH.

As always trade safe.

EnvisionEJ

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