bagofXMR
Giá xuống

Bitcoin to retest current low /at least/

COINBASE:BTCUSD   Bitcoin / Đô la
The lack of volume in bitcoin             institutional derivatives, showing the lack of interest of institutional investors to bitcoin             market exposure. Volume is averaging (50MA for 2h sessions) slightly over 1000 contracts, worth 5 bitcoin             each.

The lack of audit of Tether and Bitfinex, a scheme that accounts for half of the BTCUSD             trading volume and 1.2B outstanding usd-ious
https://pbs.twimg.com/media/DRwVtnOUMAAgm9j.jpg:large
https://pbs.twimg.com/media/DRnDhZ9WsAA0Vwq.jpg:large
Median trasnactions fees reached a new peak of 30 usd proving, once again just in case there was any doubt, that bitcoin             currently is not ready for "production phase" (either for lack of developement or quality of the same)
https://bitinfocharts.com/comparison/transactionfees-median_transaction_fee-btc.html#3m
The bitcoin             war and the bitcoin cash             threat prints a long shadow over bitcoin             , and with a similar performance in the past months, there is nothing decided yet.


Entry: 14500-15000
Stop loss: 15300
Target: 10800-11900
Bình luận: I've re-opened/I'm re-opening this position
Bình luận:
Bình luận:
Bình luận:
Channel broken.
Best case scenario, market is hungry of overleveraged dipbuyers and we are retesting lows to shake them out.
Worst case scenario bull trap is over and we are heading to new lows.
Đóng lệnh: đạt mục tiêu: Even the 6160 head and shoulders target was met (~60% price dip).
Trade safe and don't get lured into the "back to normal" trap.
I did not understand your last comment.
+1 Phản hồi
Clean TA as always buddy A+ , I am in fiat since 16400 not shorting but waiting to load up under 10k ;)
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However my guts tell me a huge dump could happen before the LN. After that we go to 50k minimum.
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"Head and shoulders patterns can also signal that a downward trend is about to reverse into an upward trend.

Read more: Head And Shoulders Pattern https://www.investopedia.com/terms/h/head-shoulders.asp#ixzz52Xny8N3b
Follow us: Investopedia on Facebook"
Phản hồi
etiennez0r etiennez0r
@etiennez0r, enjoy
+1 Phản hồi
bagofXMR etiennez0r
@etiennez0r, thanks! and nice to see you still around :)
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lol
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Thanks for sharing, I also think that we are going to start a short film before the end of the year.
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Why you want to short it always? BTC is crazy & totally unlogical..:P
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