Double top then multi-year sell off

BITSTAMP:BTCUSD1M

Bitcoin / U.S. dollarBitstamp

Description

⋅ Nov 15, 2020 8:34 PM

Should be nearing a double top here at which point we sell off to likely the $1000 area.

Technical Indicators

Comments

CryptoAddict77

⋅ Nov 15, 2020 9:01 PM

multi year sell off 😂

LA_Crypto_Pirate

⋅ Nov 15, 2020 8:45 PM

Yes weird indeed...

SEQLAR

⋅ Nov 15, 2020 8:38 PM

Just as the institutions are entering crypto you expect BTC to go to $1000? Weird idea...

Treewizard

⋅ Nov 15, 2020 9:11 PM

@SEQLAR,
I wouldnt say weird.... I first bought below $100 and that felt expensive at the time. Just saying. A retrace to $1000 or even $100 would not be unusual. Tupperware went from $1.20 to $30 this year anything is possible haha