Bitcoin / TetherUS
Short
Updated

Bitcoin will fall sharpely!

835
Beware, there is a high risk of Bitcoin dump in the next few days. Of course, I could be wrong, as I'm no soothsayer and I've made mistakes in the past, but I'm relying on a predictive model I've been developing for the past three years, which has become very reliable in recent months. To sum up, my model gives me a cycle top below 100K, a 30 to 40% dump this week, followed by a downtrend punctuated by rebounds over several months towards 31K. Do your own research, as I'm only expressing my opinion, which is not a financial advice.


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TF daily: double top + bearish divergences on Vol, RSI, MACD
Trade closed: stop reached
invalidation
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I expect #Bitcoin to rise towards 110K, then a lateralization phase lasting several days before dropping to 60K.
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Actually #Bitcoin will collapse soon, stay tuned.
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Bitcoin dump: 2 possibilities
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Bitcoin will collapse!
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Goodbye 99K, see you in 3 years...
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