Is BITCOIN Going To Hold 10,000 USD? Short Manipulation.

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
I tried to look back in history, and we dont all the time see dumps before manipulation like this. We havent seen a lot of selling pressure, and this could very well be an ABC-correction, where the C-wave is an Ending Diagonal .

If that is the case, we will most likely have one more wave down, before we will continue up. This would also mean, we didnt have to go below 10,000 USD, which potentially could send a really bad signal to investors about a not that strong Bitcoin .

That would also go against my idea, that Whales and Exchanges are trying to keep us above 10k to attract new retail investors.

BTC-Dominance at 61.4%

BTC-dominance has also decreased 1.2% the last 48 hours, which could be 2 thing:

1. VCs who are pumping coins they have invested in, before July, which was the half yearly closing for crypto Venture Capitalst Funds.

2. A General Global Bullish Market Sentiment.

Lets see! And Remember that LIKE!

D4 Loves You!
Comment: What also support this idea is, that this structure here is more Bullish than Bearish. I will not go into too many details, but the bigger Right Shoulder gives you an idea.

Comment: Ending Diagonal. The most plausible scenario as I see it.

Hi. I am seeking advice from many famous traders. I think that if BTC reach the last peak in 2017 before 2020 Halving, there will be possibility that the four-year cycles of BTC is likely to change to three-year. What do you think, your precious opinion is a great help to many people.

expanded flat only invalid if we break previous highs
Watching for you C bounce!
Currently up 3.09% on this short and scaled out since I'm seeing the same scenario of a possible long coming soon. Thanks for the update man!
4HR hidden bull DIV completed! Bear Trap triggered below 10k
Thanks! My post for the correction percentage.

+1 Reply
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