bitcoin
Short

Straightforward Bearish Daily View

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is my daily update for Bears and the reality is here with every bull attempt getting heavily refuted. On the last bear leg market was a lot single sided with too much short positions that a huge bull spike happened to shake it before resuming. Now market is divided which makes a bear run stable. So this is my emotionless short words view for a long Bear market with targets on chart with green flags.
Mar 30
Comment: btc hit our target at 6.7K on the 0.786 Circle Fib instead of the 1.0 so this chart needs some review but anyway it's a price target.
Maam, if your yellow line flag breaks, btc is in serious trouble... There will be no bulls and the bullish patterm that is being painted in the charts since past 6 months will be gone ...
Excellent and honest analysis though...
A post to be taken as a guide in the longer term..
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bitcoin capsule91
@capsule91, Thank you very for your feedback, as always setups can get broken so this is just some guide to keep on mind.
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