david_eke

Btcusd possible correction projections

Short
BITSTAMP:BTCUSD   Bitcoin
Peak open interest along with a reversal pattern above the psychological peak of 20k seems like a could set up and large pools of retail liquidity for whales to dump off some inventory. Considering institutional buying at these prior levels also leaves open orders to be filled it could be a good buy the dip opportunity. Also while it’s early with little data it would go with the cold corrective winter (from a quarterly standpoint if we close below October’s open) that BTC likes to exhibit. It could also just keep going tho lmao that would blow
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