bluemoonstarX

BTC USD Bear in play? Test S8400 maybe $8080 Btcnews #cryptonews

BITFINEX:BTCUSD   Bitcoin
BTC looking Bear too me. THe Bull Trap was setup, and for a longer reason the just the TRAP,Traders are waiting for Newbie traders to reset their Stop losses, and then to Short the Market, grab some cheap coins and then pump the Market. The 2 mentioned prices correlate wellon the 2 FIB Ret LONG PERIOD, on right side of chart, and within that chart i have another FIB EXTENSION Runniing with TargetsS SUPPORT AND RESISTANCE that overlay and correlate well.. This is a very technical setup here and may make little sense to not so seasoned traders, so i try and explain and show simple advice , but the charts speak for themselves if you can read clear TA.Little VOLUME coming in and BTC DOMINANCE Bearish recently FALLING, THERE IS A SQUEEZE ABOUT TO GO DOWN? The Bitcoin Halving will arrive and all will be well heading the right way, but right now this is my opinion.
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#btcusd #btc #Btclong #byccomunity #cryptonews

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