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Mihai_Iacob
Dec 8, 2021 3:09 AM

Bitcoin- New leg down to 40k zone Short

Bitcoin / U.S. dollarBitstamp

Description

After the weekend's strong sell of, Bitcoin has started to rebound, as it was normal, and has reached my sell zone above 50k.
The structure of this rebound is clearly corrective in nature and seems to be over.
I expect a new wave of sales for bitcoin and my target for this short trade is 40.
Confirmation that the correction is over, comes with a daily close under 50k
Comments
ARTA
He seems can't make up his mind ....under or over???
sofiasofia
Thank you for sharing. Confirmation that the correction is over, comes with a daily close under 50k. Under 50k or over 50k ?
Mihai_Iacob
@sofiasofia, under50k
Careful with SL is you sell short
Vibranium_Capital
Feel like long term this is time to buy, but it’s true shorts winning for now
Mihai_Iacob
@Vibranium_Capital, in long term all of us will be dead
RyderJ
@OptimoomFX, WE ARE ALIVE NOW!!!!.....but yes you are correct.
Heartskull
This guy's predictions are very accurate
Mihai_Iacob
@Heartskull, thanks:)
CobraVanguard
Thanks for sharing! bro
Mihai_Iacob
@tt.TreeTrader, thanks for comm
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