TribalHound

BTCUSDT - if you're not selling now - get ready to panic sell

Short
BITMEX:XBTUSD.P   Bitcoin

BTC looks to be coming to the end of the line for a move it started on 9th November.

Starting real soon is a repeat of the 7th - 9th November drop, so expect 2 days of near freefall and an occasional relief bounce before it settles for another 2 weeks (maybe less).

Note the almost identical angle it broke down from 5th to 9th v this breakdown from 19th.

Not financial advice, but you might want to brace yourself now.

Down Trend Continues

Don't forget to thumbs up if you like.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.