JayT121

WARNING Bitcoin could drop another 50% in the coming weeks

Short
COINBASE:BTCUSD   Bitcoin
During 2017 when there was a capitulation, bitcoin dumped about 50%. A BEARISH HIDDEN OBV Divergence happened a few weeks before that. With the week closing red the OBV has formed another HIDDEN OBV Hidden Divergence. This could send Bitcoin on another 40% dip, possibly retesting 5k. The macro trend is still intact, as Bitcoin has failed to break out of its macro pennant.
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