BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After Parabolic rise there comes prolongated bear market, bitcoin is famous for faking moves and this idea captures that, bull flag will break to 11000 and then there will start of bear market those levels(the rally may extend 5%), when everyone goes euphoric again and this will start the 2nd stage of bear market.


Higher time frames are more primitive, so no clever moves on higher timeframes and this idea is void as we have broken the resistance.
yes u eright but how much bearish is not more than tootal 15 to 22 % at this time i think
this market may pull down upto 7800 to 7700
ManishArora aaravkotadia
@aaravkotadia, Sad.. :)
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