Rinse and repeat or this time is different

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Big moves imminent.
Yes a big move downward again. This correction was FAR to short and we are still missing another leg down. Expect a double bottom or push past $5k to $3.5
Rudolfs SilverStar84
@SilverStar84, Leaning to that scenario myself.. This would only invite more longs and wreck shorts first before moving down.
@Rudolfs, I agree. I think the shorts may be ok, its the longs that will be wrecked. Either way, great T/A, thanks for sharing!
+1 Reply
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