I lowered the top of the Fibonacci to the lower wick because the highest one was not a 'real' move, this way we have a much more 'realistic' capitulation bottom at the .786 Fibo level that is the former bottom at the 7777$ level,(Btc loves symbolic numbers), 666$ was a former price without a doubt ;-) ) before the +40% pump.
A capitulation move will happen, as always, before we head back up. Timing this move is impossible although it wil be in the next 2weeks. Cause we will hit both decending trendlines.
Manipulation is at a very high level this past days, it seems like 'some' people really control Btc's price to the dime.
Always set your orders and hold in mind that we can wick 700$ in each way at any moment, but the downside is the way to play this, just short the tops, untill dec 22th at least.
A capitulation move will happen, as always, before we head back up. Timing this move is impossible although it wil be in the next 2weeks. Cause we will hit both decending trendlines.
Manipulation is at a very high level this past days, it seems like 'some' people really control Btc's price to the dime.
Always set your orders and hold in mind that we can wick 700$ in each way at any moment, but the downside is the way to play this, just short the tops, untill dec 22th at least.