Bitcoin likely target for our dead cat bounce.

If we don't rally to 6k for another bull trap this is a great target to close positions and short. Ride a stop loss on your alts when we get to here because can possibly take profit or just unload your bags to buy back cheaper when and if bitcoin then makes new lows!'


I used the tusd chart to inverse bitcoin on low time frames. It helps clarify target. Picture in comments.

Comment:

Count was invalidated. The inverse chart still looks fine. Same dead count bounce targets. Updated count in comments