ccccp

bounce 7.4 then dump

BITSTAMP:BTCUSD   Bitcoin
- Date = 13/12/2019
- Time = 0200 +8
- Topic = BTC/USD
- Forecast = likely move up to 7.4 then dump
- Basic summary = BTC need to form a bottom. This study investigates the possibilities thru fractals symmetry contextualised within other limiting factors of the market such as the halving and other studies… such as BTC.D fractal which has been fairly accurate thus far.

Given that we are expecting a reversal before the halving… looking for a reversal pattern makes sense.

Scenario 1 - Bear pendant is formed by a move to 7.4 and a strong rejection... giving everyone a few days to trade alts before things get hairy... (until the 16th)


Related Ideas

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.