CaramelSpaceFrog

Bitcoin -40% drop //

Long
CaramelSpaceFrog Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello!
Bitcoin have already 4 months of uptrend, RSI is at 70 same as 2015 followed with downside.
Dominance at 61% same as on sept 2018 followed with downside.
I believe it will follow same patterns with -40% down, with 4200$ target, also a great support! ( Bitcoin have a lot of -40% corrections)
Bitcoin shorts are starting to get closed witch will lead more on downside, possible 50% drop on shorts (32k to 16k)

Get READY for MONDAY! it will be fun!
Comment:
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.