DigitalSurfTrading

Bitcoin Teasing Retracement

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BITFINEX:BTCUSD   Bitcoin
Bitcoin looks very well primed to slap $44.7k-$45.7 over the next day or so, but as I've been telling fellow surfers in the Elliott Wave Science community, a trip below $30K is still sitting in queue.

One of the red lines should provide enough resistance to smack price action back down that way. The phrase 'below $30K' does not equate to 12K -$15K! I see those targets as being highly unlikely. 27K -$28K should provide ample support.

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