MrLucifer7

DUMP TIME

Short
COINBASE:BTCUSD   Bitcoin
Bitcoin is about to dump the likes of which we haven't seen since.... the last big dump. 7300ish inbound and then we can start talking crap about how the value of government currencies going in this bitch. I wonder if what Im seeing here is emotions in candle form or there is some magic hand(s) guiding price action if not prolonging and exacerbating existing market conditions. I often see the weakness several days in advanced but then see massive random spikes that suggest there is a defense of that area only then to later break. Its very interesting to watch this unfold. Its like watching the market breath and then cough every couple days. At anyrate. Lets watch this follow through for the next couple days. Dominance also maybe done bouncing. Could be wrong but the dominance needs to have a fast dump instead of a slow bleed out so it doesnt create strength again which to me is troubling for the alt market should that happen.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.