Our $15300 target from yesterday has already hit and the next target I set for $16100 is just a few pips away it seems. I think that last target was a little to conservative. BTC is showing more momentum and not much resistance which is why I am bumping up the target to $16800 a previous resistance zone.
Alts got crushed today, BTC wiped the floor on most of the alts, however this is not going to continue for much longer. I do believe we will see an alt comeback within this week or so...
I will be posting about alts this week probably.
SUMMARY:
BTC/USDT: SHORT TERM TRADE (1-10 days). Profit Target at $16800. Stop-loss at $13600.
Technical charts is based on BTC/USDT 240 Bittrex
DISCLAIMER: The author currently holds positions in BTC.