LevRidge

BTC update

Long
LevRidge Updated   
BITFINEX:BTCUSD   Bitcoin
Have to update here, as the ribbons look ready for a bull rally... however, I don't believe this is a true bear market capitulation... and expect another big dump before this is all over...

Looks like a bearish butterfly before a bear bat before the big drop..

gl
Comment:
to be clear... the bear butterfly might be enough to drop this to 12k....
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.