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TheAussieBogan
Jul 20, 2020 7:27 AM

Possible play out for a downward path like 2 times before Short

Bitcoin / U.S. dollarBitstamp

Description

Looking at the long term movement of BTC we can see a similar pattern forming like 2 times in the past.

This may play out with a downward trajectory possible to USD$5800 over the next few months.

Covid & stocks are nearing critical level for a economic overall downward path.

Not sure if the Stock market has another fomo crash like May 12, But it could be part fomo drop in intervals.

All indicators are showing this is coming IMO.
Comments
Fuhrerduck
wow great TA, very accurate. Hit you mark and dropped like you said it would! i hope everyone opened some shorts :)
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