Satoshi_

Short Bitcoin

BITSTAMP:BTCUSD   Bitcoin
Everyone on CT has never been so bullish, probably because they are trying to sell their bags of alts to their many followers. It certainly looks that way at least. Notice how nearly every coin that is shilled on CT is towards the top of a multi week up only now at key HTF resistance - it probably only works with those who don't actively trade and blindly follow people on Twitter. If they took the time to learn how to read charts they would see at what point they are entering for the short term at least: the top.

Moving on, one fractal related bearish scenario for Bitcoin and one bullish, please see chart. One thing is for certain that when there is little to no liquidity in this market it is complete trash to trade. Bye now.

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