I've been bearish on bitcoin for some time.
Two days ago, I posted a continuation scenario. Today, I see that the bulls appear quite persistent. This leads me to think that perhaps 6.8k -- 7k zone may hold.
As charted is the bullish scenario, with the down trend ending somewhere around 6k. --- However, I do think this is indeed a bearish long-term scenario, because there'll be a lower high & then another round of down trend.
This is the bearish scenario I posted a few days ago:
In this, we end the bear market by the end of summer.
Two days ago, I posted a continuation scenario. Today, I see that the bulls appear quite persistent. This leads me to think that perhaps 6.8k -- 7k zone may hold.
As charted is the bullish scenario, with the down trend ending somewhere around 6k. --- However, I do think this is indeed a bearish long-term scenario, because there'll be a lower high & then another round of down trend.
This is the bearish scenario I posted a few days ago:
In this, we end the bear market by the end of summer.
Comment:
Pump larger than I thought. Seems like this is the one I was talking about
But because it came in early, I think there's a high chance that will go down soon. Maybe a small double top and then under 6.8k
But because it came in early, I think there's a high chance that will go down soon. Maybe a small double top and then under 6.8k
Comment:
target reached?
Comment:
almost ready to drop
Comment:
1-min pump returned?
this probably means that we'll crash at least to 6.9k soon