zmassey
Short

Giant sell off in BTC incoming

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
So if past price patterns are any indication of future patterns, then BTC is going to sell off soon towards the $3000 level, within a variance of $300 give or take. Maybe we'll get a final pump before that to wash out the shorters. Perhaps that has already happened with last nights 1.5% gain, idk.

I'm not going to go into conspiratorial detail about what's about to transpire in the crypto market (because I'm lazy). But I will say that I pay close attention to several whales and they're getting out right now.

Do with that vague bit information what you will, if you're a holder then who cares? But if you're a trader you might want to consider that in your analysis.

IMO we need to retest the lows again in order for the market to establish a definitive floor in the price. Everyone was super bullish a week or two ago, now it's time to be fearful.
Comment:
Comment: It wasn't a hard dumpt to predict, $3000 here we come.
your chart of fear will not let you get what you missed out on
sell now and regret forever
+3 Reply
zmassey leokim
@leokim, im holding btc and other alts my dude. i’m posting for the traders.
+1 Reply
leokim zmassey
@zmassey, I think as as many pro traders would say at these low numbers the market is just too dangerous to trade. Especially over the last 6 months where a weeding out process was going on. Right now no one is seeing where the price is going, everyone is hooked on the idea the price is going to dump any second. Thats not going to happen as the FOMO keeps building
+1 Reply
zmassey leokim
@leokim, well let's wait and see then, I'm adamant that it's going to retest $3100. If I'm wrong you can rub it in my face lol
+3 Reply
@zmassey thanks for the information. Where can I go to view that info on those Whales "getting out"?

Many Thanks :-)
+1 Reply
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