Extortionist

Multiday BTC Potential Bullish Butterfly

Short
BITSTAMP:BTCUSD   Bitcoin
Here is a potential btc butterfly to new lows. The point D pattern completion zone is right around the 9k CME gap and just above my EW previous post eventual bottom.

IMO the Blackrock and other etf announcements where just a trap to lure in exit liquidity. They know damn well what's coming for traditional markets. After BTC bottoms expect months of accumulation with multiple shakeout attempts. Expect coordinated fud to keep the average Joe out.

Expect further etf delays until markets bottom and these corrupt, rich pricks have months to fill their bags.
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.