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TonyRobinson
Oct 17, 2017 11:12 PM

Strong Bearish Reversal Pattern on Indicators Short

Bitcoin / United States DollarCoinbase

Description

If this is anything like a couple of months ago, we may reach 6k.

However, the odds aren't necessarily in our favor.

Let me know if you have any questions.

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Comments
RBmooney
BTC looking bearish while BCH looking bullish, something strange going on, especially being so close to the soft fork with BCG. I read that Jinah(sp?)(chinese BCH miners) dumped $20 million worth of coins onto the market yesterday. Not sure what their reasons were. This market is so difficult to read.
davexs28
$1250... Yeah right.
TonyRobinson
@davexs28, This is over time, not immediately. I'd give it at least 10 months for that to possibly happen. I know this isn't a popular outlokk. This may sound like extreme FUD, but again, this is IF we ever enter a bear market.
TonyRobinson
People were saying the exact same thing with Cisco during the dotcom bubble. It's always good to be prepared for the unexpected.
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