BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello dear traders
After today's fall, we tested the 6300 zone and it looks like it will continue to move in a falling wedge formed from January - a reversal pattern. At the same time we are moving to the support line. Most likely after the test of this line we will fly up. I showed a long-term vision of bitcoin movement. There are many factors that talk about long-term growth, so fasten your seat belts and we are getting ready to stand on the runway.
On October 12, I will start my first webinar, where I will give my full vision of the situation on crypto market.
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We are entering to bad direction. It seems $4000 BTS is possible.
+1 Reply
rkothwala rkothwala
@rkothwala, Correction for typo in above comment. It should be BTC. Anyway now we are in $4XXX range :p
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we broke out of wedge
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thank you
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They distributed all they could at this level. Squeezed every last drop out of this Ponzi. Can't find any more buyers here. Now they will rotate the price down to the next Ponzi level 4400, where they will distribute and fake bottom there for another 6 to 12 months until all buyers have been exhausted, then they will move along to the next level at 2500 where they will continue to sell to all the fools who think "I was right! My TA was right". But the cycle will continue and the price will move down to the next level and the next.
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Verdict: scam
Sentence: death
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Big Breakout is coming!!!!!

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BTC set for re-test of 6800$ with this pattern

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