BTCUSD: digging down to 7000, high possibility. Short

Bitcoin / DollarBitfinex

Description

⋅ Jan 25, 2018 11:18 AM

Traders,

BTC to us , technically , is still bearish.

As long as it under pressure from the trend line, it should drop down to 9737 again.

After that , if price is still under the trend line , will dig down to 7000 round.

Less is more!

Comment

⋅ Jan 26, 2018 12:15 PM

Comment

⋅ Jan 26, 2018 12:15 PM

Trend line valid.

Comments

josephtse

⋅ Jan 25, 2018 11:36 AM

Uh oh..everytime you said it will drop, it drops.

Broom

⋅ Jan 26, 2018 4:10 AM

@josephtse, Except now?

Acel

⋅ Jan 25, 2018 11:32 AM

I agree @FUNTRADER-Vera , i think more close to 8.6k - 7.6k . There is a small chance for reversal but i honestly doubt it will happen.

Danielkh

⋅ Jan 25, 2018 12:02 PM

Thank you Vera for the analysis
Do you recommend to clear as well any position for ETHUSD? still strong correlation when BTC will drop to 7K?

drmogyi

⋅ Jan 25, 2018 4:12 PM

Very useful analysis, thx Vera.

icjacobs

⋅ Jan 28, 2018 8:08 PM

Vera loves shorts. Lol. Nice once Vera. It broke

fotifoti

⋅ Jan 28, 2018 10:43 AM

Any update?

MrMindful

⋅ Jan 28, 2018 10:17 AM

Are you still bearish Vera?

msahin5656

⋅ Jan 27, 2018 10:48 PM

Where are you now??

drea2

⋅ Jan 26, 2018 5:54 PM

waiting for that 2.27 (-1123) dip