AryanRehaan
Short

Bearish Wedge targets 7.1K ! 6k COMING SOON !

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hey guys, lots of manipulation going on by the bots. i am not seeing much volume from the bulls side and i think we will soon be testing 7.1k / 6.9k level.
Give a like if you agree. !
May 25
Trade active: The idea is still in place, bulls were pathetic and failed to even push above 7600. Now bitcoin is falling and will likely reach 7100 and may even break below it. The only thing that can save this is an unexpected rally from the whales. Anything can happen. stay safe brothers.
Sorry to contradict you, but I don't think that's a wedge.
+1 Reply
GabrielVasile GabrielVasile
@GabrielVasile, and what I mean is, you should be cautious about shorting in this area, there might be a lot of bear traps here like it happened before:
+1 Reply
AryanRehaan GabrielVasile
@GabrielVasile, Thank you for your info friend :)
Reply
Agreed. Looks similar to mine from a few hours ago :-)

+2 Reply
MohammadTahir mhfcrypto
@mhfcrypto, right on my friend. a sharp break of 7700 will invalidate this. At the current speed, i think btc is going to be pondering in the wedge for at least 4 to 12 hours.
+1 Reply
AryanRehaan mhfcrypto
@mhfcrypto, @MohammadTahir
i agree with both of you
Reply
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