Buyinfear

BTC/USD weekly log

Buyinfear Updated   
BITFINEX:BTCUSD   Bitcoin
waiting patiently long term target in 200ma , intermediate target if there is a breakdown 100ma ( between 4800/5300 )

long road till next halving ! ^^
Comment:
Comment:
Its like 5-10% that 6k was the botton cause bottons are usually imposible to buy , only 2-5% can buy the botton , and well we are stick around 6months in 6k zone with squeezes and dead cats.

Also consider there is no BIG BUY signal on weekly vol , check botton on 2014 that big spike.

So i think we still didnt see a real capitulation cause we never broke the structure , maybe is this month maybe next months !

Long road till halving
Comment:
We made a deathcross , ma30 coming down , ma50 trending up ... we need a rollover and this will be like 200 days plus to rollover and make a golden cross .. consider this a long term view not a short term view !
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