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LevRidge
Jul 4, 2022 1:35 PM

BTC update Long

Bitcoin / DollarBitfinex

Description

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....
Comments
SamiKetonen
Still valid? We are heading to about 30k?
Tradersweekly
Bearish indeed.
AurieK
Its totally possible that this wasn't the end of the cycle, and that it was just a correction, and here we go.....Idk....possible
AurieK
@AurieK, Hopefully just like your chart, a nice little rally, and then final test and double bottom....The hash ribbonns don't lie....
AurieK
@AurieK, Thats what you always say.....lol
Juan-Pierre
Looks like good perspective. Thanks.
dependable412
makes sense this s*** ain't over!
Juan-Pierre
@dependable412, moonipulation in place....
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