Bitcoin: TOP In The Making, Free Exclusive Trade Call

Bitcoin is currently trading just under the $20,000 mark (Current Price $19,400).

Technically this parabolic move is way too stretched & it is more likely that the Top of this move is going to be somewhere in-between 19,500 – 22,500.

We are giving a SHORT SELL Call at the current Price of  $19,400 with a Stop-Loss at 22,700.

Our Very Short Term Target is $15,400, then later $12,200 & Finally $8700.

We are of the view that $8700 will be achieved within next few weeks or so.

Keep SHORT Positions till the time this target of $8700 is achieved.

Once price starts to decline adjust your stop-loss according to your risk taking capacity. Generally speaking if and when price comes down to $15,400, move your stop-loss to $ 18,400.

Note : We believe that Big Boys of Wall Street will be in action (by SHORT-SELLING Bitcoin) as Bitcoin Futures Trading Begins at CME.

Best Of Luck.