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saberu
Mar 30, 2018 12:10 AM

Bitcoin to $6000 Short

Bitcoin / DollarBitfinex

Description

COINBASE:BTCUSD- The chart is clear, the trend line is down and $6000 is a strong bottom as it marks the beginning of the bull run from November.
Comments
faedicus
You can't just do that. You've only got one contact point in the current trend so you can call 6k a support level but not much else. Also if your shape ends up being correct then it puts it in a bearish descending triangle, and I think we all know where a bearish descending triangle breaks.
samiswilf
Incorrect. We're going far below 6k
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