Allec

Bitcoin going to bull or last downtrend?

Short
Allec Updated   
BITMEX:XBTUSD.P   Bitcoin
Dear traders,

as you can see bitcoin is jumped out the triangle.
So 70% sure we going down.
The first target is 8600
Our HTautotrade Engine has given a sell signal.
If the stock-markets go down, then you have a chance of two other targets;

First target : 5500, fibonacci time circle
Second target :2500, second fibonacci time circle

In the chart you can see that we are very close to the bull-market, but it seems so far......


Great trading,

Hans
Comment:
Still active, I think a drop on july 12nd/13nd, fibonacci time-circle.
Major drop arround 31 july, this because no more finance support us-goverment. people will get some money from the forex, it will have domino effect. with all that corona, super financial crisis, worse as 2008
Be also prepared for 3 digit bitcoin
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