TradingView
xCryptoSPACEx
Jun 22, 2019 9:50 AM

Bitcoin is overextended Short

Bitcoin / U.S. dollarBitstamp

Description

FOMO is real, how much can this parabola last before retracing, we're seeing overbought conditions on the weekly and breaking out of the ichimoku cloud, which is a bullish sign.
The daily looks incredible and thats the moment when we can take our TA and throw it out the window, Im waiting BTC to hit 11k to maybe short it, and hopefully we will retest the 0.618 fibb around 9.4k or if that doesnt hold 8.8k.
The market is getting extremely greedy, and some people will lose money so stop losses in place pals.
More