RamirezFX

BTC Near Peak

RamirezFX Updated   
BITSTAMP:BTCUSD   Bitcoin
Going to make this short and simple, i still am not convinced with bitcoin personally, no utility, alot of hype, if its anything that ive learned in my last 4 years of trading is that the news seems to be good at wrecking people saying the time to buy is now when if you look at the charts we are at the peak of a cycle or way too late to get into position. I still see btc breaking many hearts in the near future breaking the sub 1k mark as people are still silly enough to buy in at these levels unfortunately and i can imagine the people behind the btc manipulation are loving it and about to be closing out positions or selling their holdings causing a massive sell off many will not see coming. From an elliott wave perspective 71k give or take will be the peak similar to my gold shorts at max extension targets where we can expect the sell off. Once again perosnal opinion, bias etc. Please keep rude comments to yourself as I am an adult or will just ignore your reply. Cheers.
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