**BTC** a further 60%+ loss taking price back down to the $2700?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
showing only what's relevant to levels of significance regarding the currently active INV Pennant on Bitcoin following my analysis from the $20k ATH


2.7k seems low but it will test 6k level for sure.
+2 Reply
glynabt tradewizz
@tradewizz, "for Sure" = "I'm an idiot"
Tangent1 glynabt
@glynabt, lol at the fact you insult because you dont accept his point
glynabt Tangent1
@Tangent1, Lol at the fact you assume you know my thinking, but I actually think it's very possible.. But know that to be "sure" is fucking insane
@tradewizz, I agree It may seem low but it is technically based from an unbiased point of view. I can also understand how the psychology of the heard at that price level could benefit the "smart money" and anything that benefits them isn't exactly in the category of "unlikely events" especially in this market.. does not mean the price will drop to these levels but the market undoubtedly has it in sight.
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