BTC has some potential good short opportunities in the small bounces that really nicely line up with fib retracements from last year (2018), before plummeting down to a much lower region in the next 2 weeks to a month which everyone should be expecting
I believe that before EOY BTC could be back making its way towards yearly highs.. With bakkt having succesfully manipulated the price down of BTC (WHICH I SAID IN MY LAST OUTLOOK many days before the bakkt launch). they could sell towards EOY or even early-mid next year. I believe that bakkt know that they have not drove down price anywhere near potential buying targets and long opportunities for themselves when they will be buying BTC as such high volumes, the evidence of this is that we have not seen any green candles on the daily or even any strong buying power in short time period since bakkt and imo price will be driven down till at least the 6,000-6,500 region minumum...
Now is a good time to buy bitcoin, just wait a bit more for price to drop, on the other side if we do see ANYYYY strong buying power it could mean that bakkt traders have fufilled their targets so that is when we need to rethink our strategies, but also confirmed buying power instead of manipulation.. Let's not get caught out boys and girls!!
Good luck everyone!
I believe that before EOY BTC could be back making its way towards yearly highs.. With bakkt having succesfully manipulated the price down of BTC (WHICH I SAID IN MY LAST OUTLOOK many days before the bakkt launch). they could sell towards EOY or even early-mid next year. I believe that bakkt know that they have not drove down price anywhere near potential buying targets and long opportunities for themselves when they will be buying BTC as such high volumes, the evidence of this is that we have not seen any green candles on the daily or even any strong buying power in short time period since bakkt and imo price will be driven down till at least the 6,000-6,500 region minumum...
Now is a good time to buy bitcoin, just wait a bit more for price to drop, on the other side if we do see ANYYYY strong buying power it could mean that bakkt traders have fufilled their targets so that is when we need to rethink our strategies, but also confirmed buying power instead of manipulation.. Let's not get caught out boys and girls!!
Good luck everyone!