madeinvietnam

Bitcoin doomsday

Short
COINBASE:BTCUSD   Bitcoin
People are very bullish for Bitcoin in 2020. Longs vs Shorts is near record highs. The complacency in the market is more chill than Bob Marley. Optimism is a dangerous thing. We were here back in August as indicated by the first yellow rectangle. After crossing the green fib ring in August, people became much less optimistic. Guess what, we are days away from crossing another green fib ring. With red Ichimoku clouds above, Bitcoin is likely to drop. I don't think 6k will hold this time.
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