I'm almost done shorting

Now y'all prolly know I'm a big ass bear, but that doesn't mean I won't long if there's money to be made. I believe BTC is close to bottoming out and setting up for a bull cycle in the beginning of september - beginning of october. We could see some choppy waters in this period before we actually take off, confirming a pattern of higher high's and lower lows.

As you can see, we could be setting up for a nice head and shoulders, which could be the pattern that could see us finally break down 5800 and move to a new low.. We're in a demand zone where a lot of money is waiting to long to as low as 5000. The recurring bearish patterns as well as the countless TA posts aiming at low 5000's prolly helped that.

I freestyled on the fibonacci to get closer to supply and demand zones rather than the fib supports and resistances. Too lazy to draw them all by hand. Keep these numbers in mind when longing and shorting.BTCUSD

I'm longing Bitcorn from 5800 all the way down to 4900. Until that happens though, I'm short as fuck.


The chart says august 29th as the date on which we hit our low. I expect us to hit it earlier