BTC EW Analysis: downside movement is not over

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
153 4
Details explained on the chart.
Don't take this as trading advice.
Comments and suggestions are welcome.
we're due for a sucker bounce.. i intend to dump some on this if the rally turns out good.. after that we're going down no matter how positive news can be simply because bitcoin has still long way ahead to prove its usefulness and by then a lot of smart money would've exited this speculative market..
Zooming out, this is the overall look of what im expecting
like ur count ;)
+1 Reply
sm.e YipYip
Thanks mate!
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