฿ Bitcoin BTC/USD Daily Video, May 13, 2019

Sive Morten

Special Consultant to the FPA
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18,648
Good morning,

BTC shows real strength and we update our medium-term target to 85-10K level. Meantime, BTC stands at daily overbought and before upside continuation we suggest tecnical retracement and re-testing 6400 former weekly K-resistance area:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
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