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siLve_R88
Jun 26, 2018 12:53 PM

BTC - current situation 

Bitcoin / TetherBittrex

Description

I don't know... you decide.

- rising wedge that ends on an ichi wall
- through the roof stoch
- price is under the SMA 9 yellow line. (I like it...gives me good results)
- cme futures expires in 3 days (pump after?)

- possible IHS? At this point, this is the only bullish potential factor I see accross all TAs.

Overall, I am bearish - one final leg remains before a potentially good bull run.

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...of course, this is only an opinion based on the facts as I see them.

What are your thoughts?
Comments
erfrerd
Some say it will flash crash to 2000-1500 BTC in 5 months and then it will take another 5 months to come up, do you think they are deluding themselves?
siLve_R88
@erfrerd, Yes. There's been a lot of good news as of late. I don't see a reason for it to go that low. Furthermore, given the change in volume in the recent 1-2 years, it seems a bit unreasonable to compare the current situation to previous crashes.
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