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youraveragetrader
Jun 22, 2018 8:57 PM

BTCUSD - On Its Way To $5400 -> $5000?  Short

Bitcoin / DollarBitfinex

Description

In my opinion, BTCUSD is in a constant strong sell trend.
$5400 -> $5000 are both conservative targets for take profit.

Take care and act on your own accord.
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Comments
Napoleon_Carnegie
Very good. Could go there and perhaps lower some. The market needs REAL accumulation to make any kind of run I believe. Thanks for chart.
youraveragetrader
@Napoleon_Carnegie, I believe that for BTC to succeed (up) it will require economic assistance. You could say that the reason that it reached $20000 in the first place was mainly because of 'trend' and then that exhausted which then followed with the downtrend. Just like fidget spinners
But don't quote me on that :)
Napoleon_Carnegie
@youraveragetrader, Smart money, institutional money. Yes. It will need to drop for that.
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