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SebastienYC_FR
Nov 25, 2018 11:02 PM

Bitcoin bullish shark pattern target 11,000 ? Long

Bitcoin / DollarBitfinex

Description

Despite i'm bearish on Bitcoin, i have to admit this is a perfect bullish shark pattern.
With perfect 161% on (C) and 224% on (D)
In theory the target is 11,000 and then it will fall again down to 4000 and lower.

Scenario is valid as long as (D) holds

Trade closed: stop reached

invalidated :)
sorry
Comments
TheCryptAlpha
no
WealthHustler
With majority of people bearish on Bitcoin, how will it push to 11K? Is it market makers or new trend?
SebastienYC_FR
WealthHustler
@SebastienYC_FR, what is algos bro?
WealthHustler
@WealthHustler, I get it. But how will new influx of capital will come to boost it to 11k? I meant someone has to pour alot of. Money to buy all those market orders no?
Asma7assan
if it goes up to 11k, people will pump it more since they perceive it as being the next bull run
RiskyFlip
@AsmaHassan, yep...prob 14k steam engine goes kaput
supergoh
@kikadstt, BTC at 10k should be enough to trigger FOMO.
supergoh
Is it possible that your 11k target has been delayed?
AlexKuptsikevich
As I said 12 days ago, we are rolling down to collapse by BTC)) Now I'm out of market... Because it is worth to pay attention to how the market players behave near $3500. Now I think like this:

Do you agree?
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