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TraderSimon
Feb 23, 2020 3:51 PM

Bitcoin Dump incoming. Short

Bitcoin / United States DollarCoinbase

Description

10k is well and truly done. Needs to pull back now.

Comment

Didn't get the pullback. Correct about direction.
Comments
vhshah64
Bitcoin will break the 10k barrier tomorrow at 11am
Captain_Walker
It looks like it's heading into consolidation. Your estimates look sound. Thanks.
Captain_Walker
Brilliant call! Love it.. and now I want more! LOL.
bevski6163
hi mate just a quick suggestion if you draw a trend line across the higher high and lower high, it would have mate a cleaner entry.
homepod
Could be also a very volatile consolidation.
SchemataTheory
I think the 10.5K ceiling for BTC has come down to 10K and similarly the $285 ceiling for ETH has come down to $275. I wasn't expecting them to have a third lower high but it seems we're just about there I'm expecting both to retrace, probably within 2 weeks.
TrackingCryptos
Not sure you are correct - it is moving up - but will watch and hopefully you are correct! I need more.
Hooper1892
Interesting chart, thank you. But have'nt we just had the pullback? and was there any particular signal that made you think its heading down more?
Princedeu
@Hooper1892, Nice questions. But I I think, this is a good analysis.
dom1no
@Hooper1892, 3 x Lower highs.
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