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Demoniaco
Mar 20, 2018 9:09 AM

Bitcoin very bearish Short

Bitcoin / DollarBitfinex

Description

Trend lines are getting crushed.

Negative divergence on a move upwards = huge sell down incoming.

If you're not shorting bitcoin right now, you're doing it very very wrong.
Comments
GazMema
if you are not buying btc now, you will miss 25k, 35k
Demoniaco
@GazMema, spoken like a true amateur.

That might be the case in 12mnths, but for right now you're a donkey for not shorting BTC.

Very low likelihood of a bounce. Requires incredibly big volumes to hold it.
GazMema
@Demoniaco, show us your trades master of shit
AndrewParkHubbard
@GazMema, LOL Gaz that was a good short call right?
GazMema
@AndrewParkHubbard, 'masters' everywhere :)
Demoniaco
@GazMema, @AndrewParkHubbard, you amateurs are riding the G20 "nothing" news.

I'll see you guys sub 8k in the next few hours.
GazMema
@Demoniaco, yes master, after you shorted BTC it went 700usd up. You made a lot of money (loses :)
GazMema
bull flag in formation, higher lows, btc adding another 1k to it's price
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