holeyprofit

What a slow BTC bear could look like.

Short
holeyprofit Updated   
BITSTAMP:BTCUSD   Bitcoin
If BTC drops and repeats the common norms we've seen in ratios of time it takes to complete a bull trap and complete the second section of a fall (Both in historic BTC prices and in general in these types of market moves), this would give a forecast of us remaining in a predominately bear market for at least three years and perhaps heading into five years. And this would be the optimistic viewpoint that there's a big bull to come after a full correction. 
Trade active:
Positioned for the next possible trend leg to under 10K.

Comment:
Might be heading into the second decline of this now.
Comment:
I think the next stage of the downtrend is due now.

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