PerfectGreenMan

BTC - The ball is stopping

PerfectGreenMan Updated   
BITMEX:XBTUSD.P   Bitcoin
Even though sentiment is worse than at a funeral, I don't think the ball has many bounces left before it stops. Each bounce is getting more pathetic and eventually the floor is going to crack, the drop is going to accelerate, and the panic will kick in. I view todays action in $BTC as continuation of the downward move. I would rethink that if we were to put in a lower high->higher low-> higher high -- Not likely.

GODSPEED
Comment:
The good news for the bulls:
- The longer we stay in this bear market, the bigger the next bull market will be.
- There isn't alot of meat left for the bears
- The more pain bulls are in, the more euporhia bears are feeling, which will eventually lead to a reversal.

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