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Doguhann_
Aug 2, 2018 1:31 PM

BTC IS NOT DONE YET 

Bitcoin / DollarBitfinex

Description

I'm actually still bearish for Bitcoin. At the moment there is too much manipulation to invest for a short/mid term. If you want to make a investment for the longer term, i find it a pretty good price to buy Bitcoin.

My chart is pretty busy I know, but what i wanted to make clear is that the manipulation will take place for a bit longer. The target that i am aiming for is $9100 before we will make lower lows because i don't think there is enough ''fresh money'' from the people with deep pockets. Why would they buy now if they can push it 4.6k-5k? There is a possibility for an H&S,

What I don't recommend to invest now because there is nothing clear at this moment.

Wish you guys all the best!
Comments
Blockshame
i agree, but why should they pump it to 9k before? this szenario looks really unlikely...
Doguhann_
@Blockshame, to create FOMO. The average investor will think it is the beginning of a bullrun. Ofcourse it “can” happen. But because of the volatility what is happing right now, i will stick to 9100 dollar for now before we make new lows.
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