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vvezzola
Feb 24, 2018 8:46 AM

In the channel again 

Bitcoin / EURBitfinex

Description

BTC didn't manage to exit the channel and crashed in the middle of nowhere. If it's a big position liquidated from a drunk trader it's a sign we will go down again, if it's done for catching stop losses it's a sign that big investors think the price will rise and don't want to share profit with too many traders. Personally in these days I think the price need to go more lower to appeal the most buyers.

Comment

BTC is falling even faster than I expected

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BTC is at the border of the downtrend and trying to invert the direction. Let's see. These days are a festival of false breakout

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Still flirting on this downtrend...

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The downtrend is slowing pace, but still going down. After this oscillation I see a new leg down at next support
Comments
vvezzola
BTC is falling even faster than I expected
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