DrJLT

BTC bullish div, minor pump incoming, double top soon

DrJLT Updated   
BITFINEX:BTCUSD   Bitcoin
Just to follow up on my previous posts.

It seems that BTC is indeed repeating the fractals from 18-21 March. At the moment, we see signs of bullish divergence. Also, the number of BTCUSD shorts has grown.

These shorts will likely be punished the same way they did last week, but to a much lesser extent --- don't use stop losses blindly.

I wouldn't be surprised if a pump comes within 24h to 8.3k. We can then see a fall to 6.5k & potentially lower.

Last post:


& this one (doesn't look like 9k would be reached now, and doesn't look like 7.5 would be either)

Comment:
not enough longs for a squeeze yet.
Comment:
bearish divergewnce now

crash possible tomorrow

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