MrLucifer7

Possible Scenario for BTCUSD

Short
COINBASE:BTCUSD   Bitcoin
There is ALOT of weakness and manipulation going on at this APEX however this reminds me of that drop we had in BTCUSD from 6200-3000ish but in a much smaller pattern than before which naturally means it will not drop too spectacularly as it did then. Instead I do believe that this is making a much larger bull flag on the macro-scale to be able to take the next leg up sometime in mid to late December... Probably even early January depending on how long it take to get to the bottom of the overall macro bull flag channel. At this time I am not playing the BTCUSD pair instead I will be taking advantage of the BTCALT pairs as those tend to have much less manipulations and drastic swings than the flag ship itself if you can believe that. Just need to watch for signs of strength along the way down at the indicated price target.

God Speed Gents.
Mr. Manbearpig
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