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Your 2nd chance to join this run! (Bitcoin Forecast)

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Hello everyone,

the price of Bitcoin (BTCUSD) went through a sharp decline after touching our local resistance at $13.800.
We have some big sell walls spreaded on a few exchanges and we are not ready to break them (yet).
The RSI (Relative Strength Index) has left the overbought territory and confirms the upcoming short-term correction.

Please focus on buy signals during a clear uptrend.
We can use the Fiobnacci Retracement tool to spot possible entries in anticipation for the next leg-up.
I don't expect a deep correction with the strength of the trend and the bullish news surrounding Bitcoin - therefore i have my buy orders set at the following levels

Entry 1: $12.350
Entry 2: $11.450

cheers,
cryptobuller

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Breaking the $13.000 support as we speak
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