BITCOIN DECIDES TO DROP TO 17,000 NOW , OR MORE TIME IN TRIANGLE
The Bitcoin Price Action is confirming UNRELENTING DROPPING TREND.
Even the a ARTIFICIAL Pumping up on Saturday cannot change the DELEVERAGING PROCESS.
The Institutionals are DELEVERAGING in RAPID sequence of LARGE SELLOFFS.
All the rest are FORCED TO SELL by these Institutional sellofs - in particular, THE MINERS are DUMPING their product, before it becomes a loss on their books.
Naturally all the rest, also follow these significant Selling actions, as the bitcoin price becomes deterministically DECREASING.
No amount of calculated bluffing by the MM -s and their pumping can change THE REALITY - BITCOIN WILL CONTINUE TO DROP FURTHER.
A textbook triangular Flag , that appears After a Huge drop is the TRANSIENT oscillation before the next LEG DOWN to 17,000.
Even the a ARTIFICIAL Pumping up on Saturday cannot change the DELEVERAGING PROCESS.
The Institutionals are DELEVERAGING in RAPID sequence of LARGE SELLOFFS.
All the rest are FORCED TO SELL by these Institutional sellofs - in particular, THE MINERS are DUMPING their product, before it becomes a loss on their books.
Naturally all the rest, also follow these significant Selling actions, as the bitcoin price becomes deterministically DECREASING.
No amount of calculated bluffing by the MM -s and their pumping can change THE REALITY - BITCOIN WILL CONTINUE TO DROP FURTHER.
A textbook triangular Flag , that appears After a Huge drop is the TRANSIENT oscillation before the next LEG DOWN to 17,000.