JohnnyBeBull
Long

End of bear market, or incoming crash? We'll know soon enough

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
End of bear market, or incoming crash? We'll know soon enough. We're approaching the crossroads.
I'm expecting a breakdown since the market looks very weak.

Hidden bearish div too.
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The bottom straight line looks forced, full on bear, if bullish why not before?
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@Damians, bottom trend line could actually be at 6200... What do you mean "if bullish"? It's pretty much the nature of pennant for price to range within it, sometimes until the end of the pennant, especially now since market is probably very divided and uncertain as to where we're going.
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Damians JohnnyBeBull
@JohnnyBeBull, my english is not very good
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Damians Damians
@Damians, I love bitcoin but my presumption is that the the price will sink and for two years we will hold the bag ....
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