UnknownUnicorn1317862

Bitcoin Bear is not hibernating

Short
BITFINEX:BTCUSD   Bitcoin
We've got a rising wedge, touched the resistance, Wave 2 (Black) hasn't retraced more than 100% of Wave 1, hit the .5 Fib and Stochastic RSI shows downward movement. I'm still thinking we're in a bear market, but that could change rather quickly.
Comment:
I would say we have an official breakout folks. I've seen some iffy news lately, but the news is just a catalyst for market sentiment, IMO. We have entered a long
Trade active
Trade closed: stop reached:
SoKo didn’t have much of an effect and they have a large portion of the trading volume. Barely phased the market. That’s how you know this market is going to be the next big thing since DotCom. Not many people want to believe us, but they’ll see in 50 years when 5k is laughable.
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.