BTC - Bear Trap , This sucker is bouncing soon

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC - Bear Trap , This sucker is bouncing soon
Comment: The drop distance is targeting 5200 - But this drop is broken if BTC can move past 6300.
Successfully moving past 6300 puts on the path to 7900 - but it needs buying volume .
If BTC drops to 4k its going to move to 1.2k so this is not a great idea

Comment: BTC - Incoming short term move , targeting 5800 or 6500.


I'm actually seeing a larger bullish wedge, which can take the price all the way up to 15000-18000 area.
Exactly my thought! Just trapped those shorting below 6000. Time to push up to 6800.
How high the bounce you reckon?
AHAHAHAHAHAHAHHAHAHAHAHA. See you at 4.1k sucka. I'll be sitting back, drinking a beer, funding my next vacation on this beautiful short down to 4.1k ;)

ultranemesys Cryptogrithm
@MienTommy, First intersection on July 1st --> 5.5/5.6K
mycotoxin Cryptogrithm
@MienTommy, if it gets to 4k , its going to hit 1.2k , so plenty of time to still eject if needed.
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