some other charts this has come up already!
nail in the coffin for bitcoin? (i doubt it, btc is harder than a honey badger)
the whales who didnt buy in last feb are fomoing at the bit, so i feel we wont go lower than $4k MAX but never say never with bitcoin , for sure will here and bounce very hard, so ready for this too....remember.....big money wants a cheap buy in for sure!
looking in closer timeframes we see bitcoin respecting the fan's, most likely drop into the purple areas towards the red and the early feb18 low
so shorting the king until those bottom fibs and then looking for a few epic longs on the swing
trading Bitcoin is simple price action folks, does not get simpler than this!
trade well cookies and BTFD (techincally speaking)!!
4hr chart one here with some revised arrows!
there are certain parties out there and if they wanted bitcoin to be under $100 it possible to do, so many ways!
be happy for a another $6k bounce, its on the cards and im not sure all the 4/6k whales have yet to buy in, thats when we see the real money flood back into the market
let see! thx for ya comment bro, your a trooper!