$BTC ~ Down Down, Merry Go Round..
Bitcoin - Short the ponzi ;)
I believe we're about to see a sell off, rapid one.. but won't get a lower low. ($3652.66).
We will form a double bottom on the daily timeframe and then that will be the end of the bottom for 2019. We will rally to 5k-6k from here in December.
With this dip, short positions will grow greater, but will be squeezed as we recover from this double bottom shooting us up quickly in December.
Just an opinion. Dominance/Market Cap chart compliments this theory. Let's see how she goes!
I believe we're about to see a sell off, rapid one.. but won't get a lower low. ($3652.66).
We will form a double bottom on the daily timeframe and then that will be the end of the bottom for 2019. We will rally to 5k-6k from here in December.
With this dip, short positions will grow greater, but will be squeezed as we recover from this double bottom shooting us up quickly in December.
Just an opinion. Dominance/Market Cap chart compliments this theory. Let's see how she goes!