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MarketIntel
Dec 8, 2021 4:12 PM

Bitcoin: Only 20%! Short

Bitcoin / DollarBitfinex

Description

Yes, we are only giving additional increases a chance of 20%. We are still expecting the Bitcoin price to fall; although only after a corrective movement towards the colored zone. From there, we expect declining movements under $35000 and maybe lower.

Winter is coming!
Comments
Tradersweekly
I think it will just continue lower without retracement to level you indicated. Thanks for sharing and good luck.
jmancharts
How will alts react to this?
retchingbig
I just imagine that all of a sudden we have a swing failure, and go plummeting like last time. It sucks to short on the way up, would rather long, but I just don't know when to do it
retchingbig
I have a genuine question, because I am a newbie it might sound naive. If we are to fall further, which is my belief as well, wouldn't it be too expensive for the exchanges to allow us to reach the promised 53k, much like we never touched 60k before last dump?
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