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Aug 15, 2019 2:38 PM

Hold on to your hats, we're headed much much lower. Short

Bitcoin / United States DollarCoinbase

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Daily chart update to my previous post.

I would be very cautious about opening a short below 10k without the price testing that range one more time.

We're about to dip down to the neckline of a Head and Shoulders formation.

Retest of 10k and subsequent rejection completes the right shoulder.

Eventual Target = 6k

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we should be hitting ceiling any minute now, at around 10200

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That was the ceiling, here's the next couple of days

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