jeanneymar011001

Why BTC is going to have a -50% retracement ?

Short
jeanneymar011001 Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi!

Today we gonna answer to this question: Why BTC is going to have a -50% retracement ? AT LEAST

Well,
this strong leg up due to fomo has succeeded into
bringing new investors into the market
(and the same investors as in 2017 if they survived)
New players make the hapinness of this sharks which are now about to dump it to terminate all this lambo dreams of that poors new investors just coming back into the market and not suspecting anything.

This appear like a dead cat bounce formation

New investors coming into the market so it's good for banks/whales/financial institutions or whatever bankster around there
to domp it now like it was in december 2017

Sorry Joe no lambo this year

Same players are playing with the human feelings of little investors.

Enjoy your day! Trade safe!


Comment:
TP1: 6400
TP2 + reshort when it broke the structure: 5200
Comment:
I think that one day, the french will put the bad personn in jail where they deserve to be.

There is hope
Comment:
don't feed the whales
Comment:
if price make new high plan cancelled
Comment:
Bearish crab pattern
Is this crab 17?
Comment:
look at price action on this one if price rebound on structure or break down
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.