Bitcoin / TetherUSShort
BITCOIN LIKELY TO 69,000 THEN DUMP TO 49,000
Well the price has created a perfect "Double-top" formation at the time of writing this post,
But if price doesn't dump rapidly in an impulsive fashion, we would likely see another pump to the upside just to shake out the over-leveraged folks out, and possibly check $69,000 price range to finally complete wave X, and start the decline for wave Y to $49,000 hopefully.
Lets see. I am being open-minded about it.
But if price doesn't dump rapidly in an impulsive fashion, we would likely see another pump to the upside just to shake out the over-leveraged folks out, and possibly check $69,000 price range to finally complete wave X, and start the decline for wave Y to $49,000 hopefully.
Lets see. I am being open-minded about it.
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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.