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TheGreatBatsby
Jul 5, 2019 9:52 PM

Repeat top pattern for BTC?  

Bitcoin Liquid IndexBrave New Coin

Description

Could this be a repeat of BTC's prior bull market blow off tops? The next few weeks will be interesting to see if it can maintain it's current bullish posture on MAs.

For some reason Bitstamp deleted it's pre-2017 market data, otherwise I'd show lower time frames. The December 17/January 18 blow off is looking very similar to present.

Best to take risk off the table here and secure profits on leveraged positions, hodl BTC or enter 1x short and wait for confirmation of what the market will be doing.
Comments
DACapitalTrading
Great work keep it up and leave us a like as well mate :)
TheGreatBatsby
@DACapitalTrading, Thanks! Will do, getting caught up after the holiday.
TheGreatBatsby


I don't do elliot waves, the 1/2 are just for reference.

(Elliot wave your money goodbye...)
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