SKYLOBSTER

update on bitcoin dump

Short
SKYLOBSTER Updated   
BITMEX:XBTUSD.P   Bitcoin
So it did happen, and we are dumping. Too many TA'S have been creating the self fulfilling prophecy that we MUST go much lower before we are really in a bull market again. Considering the price action recently, and Newtons Laws of Physics- we do have to come back down as hard as we went up.

This is HEALTHY.

I would rather see a healthy pullback over a crack fuelled giant jump up, in which case $1,300 becomes a reality again!!

Remember- start at the Monthly, then weekly, then daily. Don't trade on anything else- and success will follow your patience.

Namnaste
Comment:
If the dump breaks the purple gann line that is circled, we will fall to the next one circle : /

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