Shorting Bitcoin: the best decision now
Hi, guys!
Situation looks like BTC will fall down soon. It`s the natural process of market. We should remember that BTC is not an exception and this time is not different from others because people are the same. We have a lot of negative news now and more ones should occur in the near future. Some might be breaking. Euphoria has ended. Now panic and fear are on the place.
I used the Elliott's Wave Principle to forecast the price of bitcoin. All information is on my chart.
Good luck,
Serhii
Situation looks like BTC will fall down soon. It`s the natural process of market. We should remember that BTC is not an exception and this time is not different from others because people are the same. We have a lot of negative news now and more ones should occur in the near future. Some might be breaking. Euphoria has ended. Now panic and fear are on the place.
I used the Elliott's Wave Principle to forecast the price of bitcoin. All information is on my chart.
Good luck,
Serhii
Trade closed: target reached
Trade closed: target reached
On Feb 6, $6,000.01 was BTC low. I was expecting $5,000 but it turned out that 6k was a bottom price. Despite of that fact, opening the short position was a profitable decision. My congrants
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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.