Nilles

Who's ready for the BTC DUMP?

Nilles Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
If you look at the 2017 bullrun and the current behaviour of BTC it all seems pretty similar, doesn't it?
Yes, (intra) day trading is very profitable at this moment, but don't forget the bigger picture. We're still in a giant falling wedge and a pullback to 6k at least seems very logical.
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Comment:
The next leg down will touch $8.400 - $8.000. Maybe we'll see a trend reversal from that point onwards. If we aren't able to stay above these levels, 6K will be in sight.

Just look at the higher timeframes and don't try to outsmart the market on < 4h candles.
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