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kaotic363
Sep 9, 2021 9:29 PM

Massive collapse in BTC on the way.. Short

Bitcoin / U.S. dollarBitstamp

Description

The coordinated intervention to smash the crypto market on September 7 marked the end of the countertrend bull cycle which started on July 20th.

It would appear that the masters at work want to hit and collapse the crypto market almost exactly like they have been suppressing the gold and silver markets.

The price action is undeniable..

Looking to exit long ETH/USD positions in the coming hours and setting up short BTC positions now.

Downside target is the prior swing high of $20,000...
Comments
EdgerunnerFX
not yet
TradingTimer63
agree that downside is coming but 20000 will come much later in Nov or possibly Dec
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