MrBurns28

End of the road flashing

Short
MrBurns28 Updated   
COINBASE:BTCUSD   Bitcoin
We might peak very soon and head lower
Bearish divergence on daily and 8hr, definitely going to see a substantial move lower. Hopefully not to 12k.
Comment:
This move lower played out as indicated, looking for 5 waves down. Seems like the likelihood of 12k is on the cards
Comment:
I am now looking for a retracement to the blue fib line around 18,9k before the next leg down...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.