Xenofon

Still bearish

Long
Xenofon Updated   
BITFINEX:IOTUSD   IOTA
I don't know about you guys but all i see is a huge bear flag and the preparation of a big fall...i have been off for several months and all i was doing was to observe the market..all i think is that BTC will hit a range of 4k-5k no matter what or maybe to a flash crash around 3.5k..it's all depending to the BTC approval of the SEC..the next weeks will be extremely interesting but my prediction of the BTC price at the end of the year is around 18k~20k ...for now it's still bearish and it will be..do not forget the most of the coins and especially the IOTA was x10 from early-mid november(2017) to early january(2018)..keep that in my mind...

!!!DO NOT CONSIDER THIS AS A TRADING ADVISE
Comment:
the reason IOTA took 6% was an announcement about the IOTA ecosystem..BTC is struggling really hard to show us his real movement and that settles the market with fear..don't forget that BTC has 53.2 domination of the market so one dump of BTC will drag the market down..the bulls are fighting very hard to break the 6800/7000 levels,to move up..the trade i believe is still active despites the little run..
thank you

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ETH:0x2aA50a37BF561F2b416841dC5aa5e58531f9EC26
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flag broken..
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