ViradJain

Bitcoin | 24th August | Monthly update.

Short
BITFINEX:BTCUSD   Bitcoin
Once again no one is talking about the huge rising wedge bitcoin is ranging in since the March 12th fall. In my opinion while greed is in the hearts of retail buyers, whales will liquidate retail money and buy against the stop sell orders. Bitcoin faced strong weekly rejection at the $12500 level. The next 2-3 days bitcoin will lay a bulltrap for greedy money and start its correction as soon as the futures on 28th August expire. Be cautious, don't be the pig that gets slaughtered. Be smart and buy the dip before the mega bull run. September is the month of bloodbaths and accumulation.

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