BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC has reached the end of a descending triangle and is sat at very critical support. The last support in fact, from October 2017.
If BTC breaks this support and death crosses the SMA the next line of support is around 4700.
BOUNCE OR DIE BITCOIN .
I'm long right now but will keep an eye.
If BTC follows this idea I will short the arse out of it and then buy as much as I can.
Peace homies. G'luck
Comment: well this is playing out
🤢 doesn’t look great does it...
Reply
Spongecoinbob smilingllama
@smilingllama, Nah, I reckon 4400 - 4800 inbound
Reply
smilingllama Spongecoinbob
@Spongecoinbob, prolonged bear all through 2019 looks on the cards at this rate... who will be coming back or buying in now? no one...
Reply
Spongecoinbob smilingllama
@smilingllama, Not sure bro, I think we're pretty much at the bottom here so we'll see but no hard rally as of yet. Will have to wait and see.
Reply
smilingllama Spongecoinbob
@Spongecoinbob, yeah, it feels a bit that way, but part of me think we need to see a wick down in to the 2000s first.
Reply
Spongecoinbob smilingllama
@smilingllama, eww haha
Reply
Short ze ponzi 😎 nice idea man
Reply
Spongecoinbob smilingllama
@smilingllama, playing out
Reply
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