ChrisCryptoBear

BTC 30% move down - Are you ready?!

Short
ChrisCryptoBear Updated   
BITSTAMP:BTCUSD   Bitcoin
This is what I'm preparing for. Are you? If this plays out won't it be a great opportunity to get in at the 4000's!
Comment:
By the way, I'm not saying it will go down exactly 30%. The point is a significant move down is in the cards. Play this game smart. We're at major resistance finally, so be patient.
Comment:
The idea that 6100 was THE resistance that would send us back down 33 percent to 4000 was premature. But this is Bitcoin, and our predictions are speculative. A 33 percent move down from teh current high (as of may 2019) is 8400 would be to under 6000!

But under current demand considerations, and larger adoptions taking place, 33% could be severely deminished to low 6000's. Don't discount market manipulation too which could be used to strike fear in sentiment.
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.