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texaslonghornsfan812
Nov 9, 2018 11:24 AM

xbtusd "bart" pattern repetition on 4hr timeframe  

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

-heavy sell pressure leads to a quick and violent price decrease followed by consolidation, which is usually followed by an even more violent price increase
-this seems to be supply and demand action--finding liquidity zones
-definitely not the first person to talk about this
-would not make a short term trade here, *but* this is definitely an excellent price range to buy and store BTC for the long term
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