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potomacapitol

Short into Sentiment Washout -Mentally Prepare for Eventual Long

Short
Bitcoin (BITFINEX:BTCUSD)  
potomacapitol Updated   
BITFINEX:BTCUSD   Bitcoin
Multiple Time Frame Analysis Fractal Economic Cycles
3
8
mtfa fractal economiccycle
Short into retest of prior high timeframe breakout ($1175BTCUSD). Eviscerate hodlers, demoralize the flock, then rip every ounce of FOMO back out of the market once it loses belief.
Comment:
The fade is in process. A look at likely support given prior breakouts is below. To reiterate, I see the support points as consolidation areas for the descent to $2ish k.

snapshot
Comment:
Took long enough.

snapshot
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Now long btw
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Adding
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Adding
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hodling
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Adding
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adding
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adding
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adding
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hodling
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Preparing for cycle end repositioning
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