Officialsmoov

A triangle that will break out with major momentum.

Short
Officialsmoov Updated   
BITSTAMP:BTCUSD   Bitcoin
I had my emotions attached to what has recently bin happening in the crypto market, who wants things to fall ? Not me and I know not you.

As we can see we are in an overall down trend. Price has bin accumulating, In a triangle. I am officially bearish until we get some Crazy good news.

Everyone wants 100k-200k BTC, well price has to drop more for that in my opinion to shake out all the 60k, and even now 40k buyers.

Drops are always good, you can go all in a its lowest provided price, more BTC for you and less for people who bought at 60k and 40k :)
Comment:
As we can see the market has decided to reverse at 56000.00. I lost $500 trying to short while sleeping. Its all apart of the investment journey. For now I will be bullish up to 40k.
Comment:
Bulls have taken back over again

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.