Short
Bitcoin - Mega China Triangle
Basically I think we'll see a repeat of the yellow box, but it will happen at a more accelerated rate. I think we'll see a MASSIVE rebound after we test the bottom trend-line once more. That is the ultimate point of emotional panic for anyone who panic-bought around $460. Those are the people we're trying to shake out here if they haven't been already.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.