TradingView
DariusKarremans
Oct 31, 2018 9:52 PM

BTC what could happen and why Short

Bitcoin / DollarBitfinex

Description

So, low volume and a huge bearish triangle. On long term im bullish, very bullish, but BTC needs a flash crash to trigger big buyers.
Why is 5700 such an important support? it would coincide with a long term BTC support dating back to 2010 and its approximately where we have had most successful bounces.
References:



Also this date is where the 51 days cycle of BTC culminates.
Reference:


Comment

There we go, time to buy

Trade closed: target reached

Next steps:
More