Bitcoin - bumpy ride down for now!

#bitcoin

Good buying opportunities are now developing for Bitcoin investors. Having hit the USD 100k range its overall focus remains around USD 103k. I expect a climb back to USD 105k area and then a fall, maybe progressively to USD 93k which I believe will be the next buying opportunity. IMHO I think #bitcoin is unlikely to breach USD 90k as the currency continues to show more overall stability than #fiat and other #crypto alternatives.

World affairs seem to be the critical factor at the moment as I still believe #gold remains a favoured asset of many due to its overall long-term status in the market place.

Daily Gann Swing chart is below.