Joseph_MG

BTC - It's Shot

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BITFINEX:BTCUSD   Bitcoin
BTC at $37500 in the next few days? * Appears to be the most likely scenario (of course it won't go straight there will consolidate, make short term markdowns and pumps) and there are two bounce scenarios here in this chart, one bounce is higher than the other, however both lead to the same place $37500.

And by no means am I a bear I love BTC and crypto, and I also see this thing dumping further. Looking at the entire pattern it appears to me the price was artificially pushed up to sell into fomo to profit from new buyers.

* in the past year almost every time I look for "the bounce" during a certain short term downturn like this- there isn't a bounce- it just keeps dumping

For what it's worth

Good luck and best regards
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