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luiggih
Nov 26, 2017 5:24 AM

btc time to plunge Short

Bitcoin / U.S. dollarBitstamp

Description

about to finish wave v withing a B wave of a major ABC wave correction. 10k and 12k will have to wait. Not expecting to see btc above 9100.
Comments
dent77x
expect the unexpected
windjc
Nice call. SMH.
gredenko
lol'd there goes that prediction
gumbtg
Thats not how RSI divergence works....
luiggih
@gumbtg,
disagree dude
gumbtg
@luiggih, well... hit play on your idea and you can not argue. Thats not how to draw RSI divergence. If you think its gonna go down thats one thing. But your timing and reasoning were incorrect. ^and that is a completely different idea
Box1515
I think we're likely to hit 10K before a correction (fueled by FOMO). We shall see though. I wouldn't recommend anyone short it atm without very tight stops.
chmohit
@Box1515, yeah 10K seems to be on everyone's mind but after that people would have achieved their target and then we go down
Box1515
@chmohit, I'm waiting to see what happens to the price when Bitfinix gets exposed for being insolvent. :x
nikolica666
@Box1515, money will flow to other cryptos and not to fiat... altough it would be "interesting" to see if they are solvent but need total marketcap do drop for that i guess.
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