Bitcoin in a squeeze Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ Nov 16, 2017 3:39 PM

Bitcoin is running in a tight squeeze now. BTCUSD currently in a wedge, higher chance it'll break towards the downside.
Horizontal resistance of last high, Bearish divergence & lastly chart pattern.
Target @ $7000 region

Comment

⋅ Nov 17, 2017 9:07 AM

Trend Analysis Chart Patterns

Comments

filipnr1

⋅ Nov 16, 2017 3:44 PM

BTC rarely follow common sense. It's pure emotionally driven market, only FUD can cause correction.

deveci.as95

⋅ Nov 16, 2017 7:15 PM

@filipnr1, Or syntethically tether pump..

josephtwe123

⋅ Nov 17, 2017 1:23 AM

Account buyer

vaskojovanov

⋅ Nov 16, 2017 6:30 PM

Almost. Perhaps you wanted to see it go down. Same here, but I have surrendered now. Lol

danserati

⋅ Nov 17, 2017 9:08 AM

@vaskojovanov, I do want to see it go down but i'm just trading the probability..