orlinmyer

BTC Ready for a Tumble

Short
BITSTAMP:BTCUSD   Bitcoin
As previously discussed, BTC has hit the $58,000 region (timing was almost to the hour from the previous chart)
Now we expect some serious downside.
Expect over 50% losses when everything is said and done, maybe even to the $18,800 level (but that would be horrific)
Below $30k is expected.
Big question is, does XRP follow? Or is this going to be the start of a great divergence?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.