Re: Short term high target reached

Short term high target for BTC reached. I'm expecting some selling pressure right now. Don't get me wrong. I'm forever bull on BTC. But now we've entered in a small selling wave in my count.

What comes fast goes fast, i think that bitcoin price was really pumped last weeks and it was really high (~190 USD) and now the price is getting back and maybe lower than $600. Maybe because of this selling pressure the price is getting lowered, actually now the price should be increased before the halving.

It seems to me that if Friday did not hit $ 580, has a chance for another move toward $ 960 - $ 1,200. Much depends on how the markets will be affected by the news concerning Brexit.

Hm.im also waiting for that to happen but above $1000 now seems impossible to reach by the end of halving maybe $900 closer is good to be.

as long as we are above $470 it will be ok. After halving anyway it will explode to the upside. However it takes at least 6 months for this big upside move. Sidelines and maybe slightly below 470 could be possible and should be counted as a buy opportunity.

It cannot be determine with months because bitcoin is so surprising that even it goes skyrocket in the past days and now it is beginning to go down again. With the halving, the price is expected to rise again and this is only made for people to panic and sell their coins to make them regret in the end.