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ChainKnights
May 15, 2019 11:00 AM

Bitcoin i think bull run is done, we need correction to5800-6000 Short

Bitcoin / U.S. dollarBitstamp

Description

I think bitcoin bull run is done.
We need correction to $5800-$6100.
Will there be another update of the maximum price. I do not know. But growth was very strong and a correction to the support zone is needed.
+
We have big gap on the Bitcoin Futures (CME)

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Dayly Chart

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H4

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Bitcoin wich direction???

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70% Longs and 30% Shorts (Maybe Big dump right now to $5800-$6000)

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Binance Level on Weekly Chart = $5900.00

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May 21, 2019
Bitcoin
uncertainty in which direction the breakdown will be.

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80% Chance Bitcoin dump to correction.
If breakdown.

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Bitcoin (Binance)
- 63.27% Longs vs 36.73% Shorts
- Fear & Greed Index:
May 15 (Record) = 77
May 23 = 65

All time after high Greed index (bitcoin reversals)

Comments
oaksacorn
for now
ChainKnights
@oaksacorn, I think yes, slowly down.
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