E557

Bitcoin huge crash - 2000-4000$ coming

Short
E557 Updated   
BITFINEX:BTCUSD   Bitcoin
Just buy at a breakout of 12500$ otherwise I wouldnt do anything.

Bitcoin is currently very overbought at every chart. As you can see we just formed a flag and are currently waiting for the e-wave. 4000$ are very possible. This can also happen very fast like after reaching the ATH.
At this time we had 5 days until reaching $11000 from $20000.
Comment:
Comment:
More likely scenario:

Comment:
Did anyone see the last candlestick on the daily chart? It's a reversal candlestick at
$12000 a heavy resistance zone (shooting star).

Indicators are also showing bearish signals.

We need to break $10800-10400 to continue the waterfall.
Comment:
We just broke 10800 support. Another Waterfall coming.
Comment:
Next support $10000-9800
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