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BTC High Horse Pattern

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BITFINEX:BTCUSD   Bitcoin
Apparently, Bitcoin refuses to get off its high horse. The price, technically speaking is massively overbought at this stage, as indicated by RSI and Stochastic conditions on the 4H chart. However, the price is showing no signs of a pullback. The wild rally continues as Bitcoin rides on a galloping stallion. With each stride in the forward direction, at its current pace, Bitcoin now risks falling off its high horse.

While the ride is fun, the thrill is addicting and the ride is energizing, y'all should know that if Bitcoin falls off its high horse at this stage, things can get pretty ugly in no time. Remember boys and gals, y'all joined this game to make money. It don't matter if Bitcoin goes up or down, you gotta be prepared for both outcomes and if y'all are game enough, you'd be making some green either way Bitcoin makes a move.

Remember folks, Always drink upstream from the herd and watch out for rustlers. Adios!

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Bình luận:
It's an ambush. Bitcoin was just shot off its high horse. We're headed down.
Bình luận:
Get off that high horse already, Bitcoin. *smh*
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