GOLDMANSAK

BTC BEARISH CYCLE

GOLDMANSAK Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
The institutional sell offs corridor is in sight as you can see. After the double top we are heading down in phases. Next phase is the corridor 30-40k after a huge bull trap to 55k plays out. we go down, could even go down below 10k, we just need to see what is happening between the buy and sell corridors of the institution did in the past. This is a macro analysis and am 100% sure that we are not in a bull cycle since double top 69k.
Trade closed: target reached:
We reached target 2, 3 is still pending however from region around 16500 we should have a big aggressive V shape correction before moving to last target this year.

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.