TheTimeCount

BTC - I gave you the $10k forecast. Now I give you under $9k

Short
BITMEX:XBTUSD.P   Bitcoin
I can write a bunch of TA reasons but the simplest is the best: indicator has spoken.

We're heading back under $9k.
Comment:
Was a bit premature but all signs points to a very toppy range

Comment:
Top looks in.


Journey to 9k.
Comment:
We got several converging indicators telling us the top was around the range of 10500-10600

1) Fork Res
2) Auto-Target indi res
3) Small TF wave 5 res
4) Large TF wave 3 res
5) BDBs
6) Exhaustion

It was all just a waiting game
Comment:
Not wrong. Just early. GG Thanks for playing.

Comment:
Comment:
And all targets hit. Momentum is still very strong. 8600 is definitely in sight and 8k isn't off the table either. Beware of buying back early.


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