enTHUZed
Short

Bitcoin - Checking In ~ 200 EMA Short

BINANCE:BTCUSDT   Bitcoin / TetherUS
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Thank you, you'be saying to short for quite a while now. Do you still think it could go into the $4k-$5k range?
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enTHUZed rsommer2
@rsommer2, on a macro time scale yes. I believe we are still "paying the price" for the 2017 20K parabolic run-up where the macro bull market went from $200 in 2015 to $19,700 in 2017. The "price" of this parabolic run-up is a weekly equilibrium. Meaning that before we break 20K and 14K we need to have a much tighter price range. My belief is the low of the current bear market could go as low as $4200. I do believe the all time low is in at $3100 and we will never see BTC fall below 3K again. Watch the video below for all of the macro time frame detials.
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rsommer2 enTHUZed
@enTHUZed, Oooo, wow, thanks for the detailed analysis, it makes sense logically.
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