Mr_Bear_Trader_HiddenPro

Parabolic BTC Moves , the price will fall !!!

Short
COINBASE:BTCUSD   Bitcoin
as you can see i show the resistance lines with red Dot-Lines & support lines with Green Dot-Lines
i think and believe that the Btc trend-line movement is in a parabolic way .
and as you can see in the chart , with all swings and all waves and all bulls and bears pushes , it is still in a parabolic way.
so the candles , will move lower and lower slowly , maybe in the middle of the way , we can see a bear push or even a bull push again , but not less than the first support line and even not more than the resistance line .
i believe there is a general rule in every market , and that is , with every highly bull market , a bear market will come
so this time the bears will move exactly on the parabolic ways and i'm sure that the price will go so low even less than $10K .
good luck

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.