Deftsuo
Short

Bitcoin is in a clear Distribution schematic. Did you notice?

GEMINI:BTCUSD   Bitcoin / U.S. Dollar
Pretty clear cut. I have had this chart drawn for awhile and shared it around for the last few days/weeks. 3-4k was the accumulation point, 5-6k break was where the public entered, 13.9k was the blow off top, and we are now distributing before further downside price action in my opinion. Regardless of whether you're bullish or bearish , it is always wise to consider each side of the trade and consider arguments for and against your stance.

-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.

Comment:
Free telegram channel where I post my thoughts on the crypto market: https://t.me/joinchat/AAAAAFInF0WGGqFKrayTMw

BTC Address for Donations: 3F13946JWfNskLDu2oi3FTRV65FV9yK7U8

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