Fee-fai-fo-fum! I smell the blood of the BTC bulls!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is trading dangerously close to a trend reversal level. Market sentiment has already turned to greed and alts are lagging behind - all the signs of an impending crash.


Learn EW theory. Your Dec 2018 low, A point is completely off point hahaha
+1 Reply
Coinamic BaileyAB
@BaileyAB, Absolutely, this is the proper set up for an ABCDE.
TheCryptoEZ Coinamic
@Coinamic, wrong
Coinamic TheCryptoEZ
@TheCryptoEZ, do you any chart where I could your configuration?
TheCryptoEZ BaileyAB
@BaileyAB, wrong
What is that indicator of greed you're talking about?

Visible is a *gradual* uptrend towards the same resistance for the *4th* time, despite several bart-down attempts last few days and weeks. That doesn't seem like greed at all. Greed and fear will come into play once we move into the 4100-4250 region and I think there's no way for the bears to get out unharmed, once we get there.

@micmuc, disagree
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