TheCryptoGenie

bitcoin looking dreadfull

TheCryptoGenie Updated   
BITFINEX:BTCUSD   Bitcoin
These are last drops of gas bitcoin has in it before it has a major correction,
Be very afraid for a quick drop back down to 9k and slowly trend into 8k before we see the big rise were waiting for.
I have 5-6 Storng indication that this will happen explained here.
If it looks messy to you I appologize. i tried to keep it as clear as possible!
Comment:
Bitcoin seems to be dropping just as I indicated in my previous Charts, Hopefully you did not fall into the FUD and 95% of the other TA's charts.
We look to be in a downtrend to around 8-9k
I normally do not ever chart bitcoin as bearish but its very apparent here.
Macd still coming down
EMA still coming down
Just oversold itself before this crash
Elliot waves still looking downward,
Everything is right on track as charted
Comment:
So from this crossover, we should see a 3 wave down trend, the waves
are yet to be seen, so how big of a drop this particular drop might be,
we dont know. we will find out soon. ill keep you updated

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