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CoinChartist
Feb 10, 2020 3:44 AM

$BTC Bull Whale Rug Pull Scenario Short

Bitcoin / US Dollar IndexBitMEX

Description

Fiat inflow is low and whales have been trying to artificially incite FOMO. But even a push above $10,000 doesn’t seem to have caused a wave of FOMO. They could start selling at this trend line causing the wedge breakdown.

Or bulls blow right through it and we go full bull run.

Possible reversal at PRZ if we fall back into bear. Seeming unlikely but wanted to present the contrarian scenario.
Comments
Cryptoslav15
Nice prediction!
deliciouspodo
MY MAN! Hope you are doing well bud.
I havent been making money recently as always lol
CoinChartist
@deliciouspodo oh shit only now seeing this comment. I nailed this one! Shame I didn’t trade it anywhere nearly as good as I charted it.
deliciouspodo
@TonySpilotro, Let's catch up on Slack some time
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