Bitcoin is hunting bears Long

Bitcoin / United States DollarCoinbase

Description

⋅ Nov 29, 2019 4:45 AM

Bitcoin is trading in a falling wedge. Bullish divergence on RSI. Stubborn bears will face an extinction level event. Target is mid-8K.

Trade closed manually

⋅ Dec 11, 2019 7:02 PM

Bitcoin looks like it will drop lower before making a bullish move up. Time to get out.

Trend Analysis Chart Patterns

Comments

oldspicehai

⋅ Dec 25, 2019 3:44 AM

BTC now has a double bottom inside your extended falling wedge. The new extended falling wedge has also been broken to the upside.

oldspicehai

⋅ Dec 25, 2019 4:03 AM

I also looked at stock market euphoria, crypto extreme fear, and RSI.

madeinvietnam

⋅ Dec 25, 2019 6:28 AM

@oldspicehai, The money is heavy on bull side, 66%. People think 6k will hold. I am not on the bull side right now. Bad Santa dump could be around the corner.

oldspicehai

⋅ Dec 25, 2019 6:41 AM

@madeinvietnam, I see. Thank you for the insight.