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BTC-Conviction Buy

BTCUSD struggled to stay in trend and the bears successfully took BTCUSD down to recent lows again.

But when there is blood in the street you buy...

BTCUSD retracted correction waves A & B back to the Fibonacci Level of 1.618, this is historically where BTCUSD retraces and then extends.

I have a 5 day target and a 14-15 day target for BTCUSD as you can see on the chart.

We we also likely see the formation of a Inverse Head and Shoulder pattern to form the bottom and a reflex point to start the leg higher.

Will keep you updated.

Stay thirsty my friends,

-AB
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Targets still looking good...
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Targets still in place...
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