Two Ways Down

7 Eyl 2019

Google Trends is waning. Liquidity is waning too. Market mover buy-ins will push price up too much up before Bakkt, and when Bakkt arrives, they have a better alternative. We're pretty much at the 70% mark. It's break or break.

13 Eyl 2019

İşlem aktif

If it doesn't break up, it would seem like it's going for the second way down. Let's see if it breaks through that floor on the way down, or if it will make another bounce.

24 Eyl 2019

İşlem aktif

Took a bit longer than expected, and umm it's gone a bit longer down than I expected too. Dayum! :D

24 Eyl 2019

İşlem elle kapatılmış

Ok, I'm not confident that we'll go longer down. D 200 SMA is support, and price tends to dip before a new ATH. As long as it keeps above the D 200, we're golden.

7 May 2021

Not

Ahaha, Bitcoin took the third way lol. It kept teasing outside the descending triangle. "Here, boy, we're breaking out now!" Only to take everyone who took the bait into the crypto abyss.