the_batman

The Bear Theory: BTC SHORT To Explore The Bear Hypothesis

Short
the_batman Updated   
BINANCE:BTCUSD   Bitcoin
It was suggested that this was a bear market. If true, then this post is a deep dive and the ETH chart sistered is a further explainer.

Please see the comments subsequent and in the ETH USD chart posting, which will make this all clear.

----//----

In the interim, the targets of this short are real. Use if needed.
Comment:
Red is the greater context. Orange shows a wave C that is an impulse wave aimed downward.
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.