nathanielx9

Bitcoin on the weirdest movement

Short
COINBASE:BTCUSD   Bitcoin
Hey guys I’m back from the holidays and now bitcoin is on a weird projectile movement. Overall pretty bearish as of now it looks like a bart head and shoulders. Last night around 9pm Central weird volume came up and could have put a 50x long and made killer gains today.

The market atm looks overly bullish on holding the 6900, yet it’s pretty weak if we keep going back wouldn’t you agree? Longs have dropped as shorts are picking up atm, yet all the support lines you see have been getting hit going up and down. We can assume we are sideways channel till 5200

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