Ok so here is a possible situation..
BTC Is being pumped (parabolicly) buy big money investors until the launch of CME futures on the 17th Dec 2017.
This is when they will open a short position on BTC and dump their holdings. FUD will start to spread and panic will set in.
People will panic sell and the price will plummet to around $10k.
*Please note*
This is only a theory and is a high risk trade. If you are a long term holder it may be better to just hodl.
Good luck!
- phazednb
BTC Is being pumped (parabolicly) buy big money investors until the launch of CME futures on the 17th Dec 2017.
This is when they will open a short position on BTC and dump their holdings. FUD will start to spread and panic will set in.
People will panic sell and the price will plummet to around $10k.
*Please note*
This is only a theory and is a high risk trade. If you are a long term holder it may be better to just hodl.
Good luck!
- phazednb
Comment:
Broke trend line, be careful
Comment:
...and we are back to moving up in the middle of the channel.
Expect ATH soon bois!
Expect ATH soon bois!
Comment:
BTC bounced off the bottom of the trend line perfectly
Comment:
Touched top blue box!
Comment:
We have hit our target box! If would like to donate here are my addresses:
BTC: 1GeNMM86wnHtFjWuk4pHHJNtgiw1H4Zr4f
ETH: 0xc739ddb1ff39e10983b284b2302760270bbb1e23
LTC: LXjKGWRXyqvQVLdWnqeHPudQjoCwZtB2Ak
Much love
- phazend
BTC: 1GeNMM86wnHtFjWuk4pHHJNtgiw1H4Zr4f
ETH: 0xc739ddb1ff39e10983b284b2302760270bbb1e23
LTC: LXjKGWRXyqvQVLdWnqeHPudQjoCwZtB2Ak
Much love
- phazend
Comment:
Please note: shorting now is highly risky. I am watching the market closely to see what develops. We saw a pull back before the CBOE futures then up movement on launch. We may seem the same here...
Comment:
OK so maybe people did open short positions on CME!
Trade closed: target reached:
Reached my target box level :)