destroyed

khun khun XBTEUR, D, Short , 9 months ago
XBTEUR: Increased BTC Weakness Demanding To Reverse ETH Position
245 3 8
XBTEUR, D Short
Increased BTC Weakness Demanding To Reverse ETH Position

Sooo, weak... On top, we have another significant spike of "days destroyed" >>> https://blockchain.info/charts/bitcoin-days-destroyed?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address= While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any ...

MagnusTradingGroup MagnusTradingGroup BTCUSD, W, Short , 2 years ago
BTCUSD: Bubble Dreams Destroyed
3756 8 21
BTCUSD, W Short
Bubble Dreams Destroyed

Sorry to disappoint you bulls, but we broke out of the primary uptrend in bitcoin. I applied this A=B method to estimate a ball park (B) for the current downtrend + a possible bottom. This is just my anticipation not a prediction! I only assume something like this might happen if we fail to break out of the downtrend around 300. Check out the volume profile ...

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