Solokov

BTC SHORT 4K - Macro Picture

Short
Solokov Updated   
BITFINEX:BTCUSD   Bitcoin
Looks like we're at a familiar diving board. Historically, what has happened every time after price plunges from 10k to under 9k? Extended losses. I am unconvinced we're going to continue ranging bullish in any sustained manner, except if we see a random, green spike to kick off some fomo. I still wouldn't trust it though. Hoping for 12k+, realistically aiming for 4k-.
Trade active:
Double top, same as '19 Jun-Jul runup. No continuation -> collapse.

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