Bitcoin Dead?

Oct 28, 2018

Price broke down Mirror level $6511 but there is no reaction and Volume totally decreasing.
It looks like no one wants to buy Bitcoin. For me, it's a signal that the price will move down far deeper.

Next goals $6331 and $6221

A year ago when the price hit low There was powerful up move with huge volume, but we don't see it now that, means big players don't support BTC at this moment. That's why I think about Short Only.


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Oct 29, 2018

Note

Price bounced down from the mirror level, you still can open a Short entry

Oct 29, 2018

Trade closed: target reached

1st goal Done

Oct 30, 2018

Trade active

Price can make 2nd wave down
The best place where we can open Short is near $6381