Well, I think this worth the share.
I will keep an eye to the price action at Weekly period.
Pattern is strikingly similar, and nobody believes this is the end of the bear season, as the bitfinex's shorts on bitcoin are again above the threshold.
I don't say this will happen, but I share it because I think is a legit escenario. We might be looking for a new 6k's-like bottom, probably between 3k and 2k.
Today and tomorrow are going to be the days that will decide.
As for my balance: Today on BTC, tomorrow probably on USD until the market opening on Monday.
I will add an update shortly.
Stay tuned! ;p
Greetings.
I will keep an eye to the price action at Weekly period.
Pattern is strikingly similar, and nobody believes this is the end of the bear season, as the bitfinex's shorts on bitcoin are again above the threshold.
I don't say this will happen, but I share it because I think is a legit escenario. We might be looking for a new 6k's-like bottom, probably between 3k and 2k.
Today and tomorrow are going to be the days that will decide.
As for my balance: Today on BTC, tomorrow probably on USD until the market opening on Monday.
I will add an update shortly.
Stay tuned! ;p
Greetings.
Luckily it was above 3k, since breaking 3k at December would had been a hard crash.
Then we got an uptrend that failed twice at 4.2k
Get ready for some volatility incoming in the next days.