TomasPhilosophy

$7400 BTC bottom. Nxt target 8k or $10k

Short
BITSTAMP:BTCUSD   Bitcoin
This week will be the turning point if we go down to $8k or up to $10k. 70% longs at the moment. Last time most people got rekted on their longs was 22 October when it was 80-85% longs and got stopped out on a -10% move followed by a 40% surge.
An $8k move makes most sense to complete the bull flag and to touch the right bottom of the parabola.

Im a beginner. So there are a lot of lines. For me they all makes sense. But it's messy I know. Also don't pay for Tradingvieew. So I'm limited to one chart.
Comment:
Fear and Greed index shows 39 fear.

Bitmex Longs are 55-65%.

blockchainwhispers.c...position-calculator/
coinfarm.online/

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