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RickyChand
Jun 10, 2019 4:12 PM

Bitcoin going to 1.8k? Short

Bitcoin / U.S. dollarBitstamp

Description

It seems like the rally has died down but the only way we'll know for sure is the weekly closures - at first i thought btc to 6k then shoot to ten and beyond but now even with timing it seems like it will line up for this time next year at 1.8k

Id rather a bull run sooner than later too but ya know... possibilities.
Comments
amasiphoto
It can happen. I say we bottom on the 400WMA.
RickyChand
@amasiphoto, I was thinking about this being an abcd pattern, either way risk management is key
BitcoinBearSlayer
Don't make me rekt you.
RickyChand
BitcoinBearSlayer
@RickyChand, lol - just playing with ya.
Crypto-Coin-Trader
Nope, but hopefully we get a better entry as now:

RickyChand
@Crypto-Coin-Trader, this lines up with my initial idea, all we really need to see is either a weekly candle closure above where ive marked the trendline or 6 k to hold and im with you dude
XbtShark
Not going to happen.
RickyChand
@rana_arpit, i dont think so too but the possibility is there no ?
XbtShark
@RickyChand, No I dont think thats a possibility. If you were to say around 4k, then maybe. But what youre assuming is never going to happen. Its bitcoin brother. I can literally bet on it.
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