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MrNarmerkTheSacredGeometer
Jan 15, 2019 1:51 PM

60% loss for BTC at minium . 

Bitcoin / DollarBitfinex

Description

Men lie, Woman lie ... numbers don’t. With that said, this data from the masses show an ugly pattern for BTC.

I see a big ass bearish flag, on the down side. Once BTC hits that down trending wall, I only see one direction and its south. The path of least resistance.

If you are one of those waiting for BAKKT or ETF dream on . The US gov is currently shutdown, they can barely built a wall of their own.

I don't see the fundamentals on which BTC will be able to lift off, do you? Time will tell.

Don't get me wrong bitcoin will one day go to the mood, just not this first quarter. The pieces are still being place on the chess board .

Trade closed manually

forming bottom for a new uptrend
Comments
Milfraptor
Hello mama bear!
MrNarmerkTheSacredGeometer
@alisina, No worries , I have another chart for the permabull in the "related ideas" ;)
Crypapi
lets see about that :)
MrNarmerkTheSacredGeometer
@Crypapi, do you see now?
Crypapi
@MrNarmerk, See what? We are far from 1k, short it if your certain it will drop no one stops you shorting go ahead.
Crypapi
@Crypapi, This is still my view from a week ago.

MrNarmerkTheSacredGeometer
@Crypapi, lets see ...
MrNarmerkTheSacredGeometer
@Crypapi, I've been shorting it since 9k
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