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cheerfulOil65463
Apr 15, 2021 6:49 AM

A Massive Hammer coming to BTC Short

Bitcoin / U.S. dollarBitstamp

Description

BTC is looking to shit the fan eventually. Expect for a massive volatile dump. Then we can possibly recover.

Comment

Hammer came but it was not a massive one. Trade closed here.

Comment

Market is strong. BTC could continue high higher than expected as the hammer was counter fought.

Comment

Was only strong on macro term. Eventually the bigger formational hammer came to show an appearance. =)

Trade closed: target reached

target reached
Comments
ambrosia
Thank you for your sacrifice to the continuation of bitcoin pumping. We will remember you when we break 100k soon.
cheerfulOil65463
Simpy a viewpoint. Nothing to be offended about. Breath in. Breath out.
a587802ff14e24
Make another one with bounce up from 44k
ABMNATN
26K would fill one of the open CME gaps. If that's still a thing anymore. Doesn't seem like it though.
Ky8
@ABMNATN, All this gaps are often valid on a down trend, than on a such bullish uptrend. History knows many such gaps on an uptrend which were not filled. And of course many people think gap must be filled in medium term, but again, history knows – in some cases you can wait for years to get it filled.

And finally not all gaps are the same - there are different types of them.
thevenox33
AGREE
bobbycrypto05
I disagree.
davepollak
It's impossible. Never will drop that much, considering it's market cap and investors.
NMOTION29
@davepollak, Multiple Charts indicate a retest of 27K. Coinbase CEO said expect a bear season in Q4 like experience in 2018.
zachdub
I would like to see this personally
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