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jwlondon98
Nov 13, 2017 1:33 AM

Bitcoin Inverse Cup and Handle Short

Bitcoin / DollarBitfinex

Description

I tried staying bullish but its correction time. Cups and Handles are what I like to look for as they are very strong patterns imo. How do you think Bitcoin got up this high in the first place? I'm not shorting, just longing alts like EOS and ETH. :(

Who knows, maybe it'll double bottom..

Comment

Seems like a double bottom. As soon as i go bear, bitcoin goes bull. On our way to 10k?
Comments
bingong
I think TA might be thrown away for btc until it's battle with bch is done. Of course the TA always seems to be 100% correct in hindsight, lol.
jwlondon98
@JayeB, my opinion is that fundamentals follow TA. We were due for a top and so Ver and his goons pumped BCH and spread fud about BTC. I also think there is some correlation with hashrate but not too sure.
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