Old Target Still Valid

This is an update on a post I wrote a couple of days ago that you can find here:
https://steemit.com/bitcoin/@benkalashnikov/23c1h8-bitcoin-short-term-view-bearish

If you made a short trade following my recommendation you would have seen a 11% profit.

SUMMARY:

• Old target at $5,200 area still valid
• Bullish divergence on RSI vs price
• Even if we see bullish signs of RSI gainingstrength doesn't mean an immediate trendreversal. This process could take a little time.
• If we hold the RSI support line, I would lean towards a more bullish short term view.

Mid Term View: BEARISH

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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.