bibboyne
Short

Forget it! BTC ain't stopping at $9k

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Sorry bulls but the bear train isn't going to stop at $9000. If you read my forecast yesterday, you know that I have been anticipating this impending dip even before the bear flag came to light. That said, the potential relief rally from 8700 - 8800 might be worth trading. If FOMO kicks, we might even see $10k again but I must warn you that trading counter-trend bounces is risky. ;)

If you plan on trading the bounce, check out this forecast first.


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Comment: Taunting the bears and trapping the bulls, that's what the HFT is doing and it can prolong the sideways all it wants, doesn't change the fact: Bitcoin needs to correct lower before a fresh rally. Unless we see a daily close above $10K, pay no heed to the smokescreen. ;)

Any new Comment? Ty
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bibboyne nandotleao
@nandotleao, refer to my reply on Mariuszkrc's comment.
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nandotleao bibboyne
@bibboyne, Ty!
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What do you think now ? Test 11k and down ?
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bibboyne Mariuszkrc
@Mariuszkrc, as i said in my last update, a daily close above $10k changes the perspective and we have that so yes, the trend is bullish bias over the next 1-2 days.
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shoot..can you imagine if I would follow your advice? damn
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bibboyne arandon
@arandon, first of all, it's a forecast, not an advice or prediction and secondly, what you do with your f*king life is none of my business
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arandon bibboyne
@bibboyne, i apologize for calling it advice, English is my second language. I meant to say forecast, but then could not edit my post. Still though
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AUCH! I hope you placed a Stop order
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bibboyne TWIMARKETCAP
@TWIMARKETCAP, of course, trading without stops is reckless and unbelievably naive
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