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crikz
Dec 5, 2020 4:23 AM

Bearish Minor C, opportunity to short Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin has created a flat corrective pattern based on my point of view, this uptrend has low volumes and is a fake breakout of wave B. Expecting decline of prices quickly, one of the worst case scenarios I see is a leg down to 2.5k or lower. Good luck to you!

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The leg down is corrective a, b triangle and c. Expecting a new high to complete the sequence

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The bearish leg has began, from here (24.2k) and down to wherever we go, wish you guys good luck!

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The high got broken on last try, trying to short once again from here with stop loss around 35k

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Comments
Mr_J__fx
Let's cross our fingers for your worst case scenario... that is the best opportunity in order to accumulate some more Bitcoin's fractions for long-term holding...
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