Looks like possible local double top forming! Big Drop Coming! 3K on the way because the bulls bought in the wrong spot lol!
Heres the thing, we are going to keep dropping until you all stop selling your bitcoin back to the man! All that is going on is they are scaring everyone out and collecting your btc and using it to scare the next round! Does not look good for BTC until we get that capitulation candle, which is when we see BTC moving in $500 increments because there will be no buyers at all left! This is the short move live right now in play!
I don't consider Bitcoin Bullish until we consistently break above 6.3 K and stay above 6K! Until then nothing has changed, and to me this looks more lless the same, like a high probability short trade to me than anything else! I would not be surprised if we see 3K in the morning from here since this is exactly where the resistance set in last time! More likely just another bull trap, since we are in the midst of Crypto Winter, and there should not be any real support to 3K, and 1K!
Today's price games are not relevant for sure, if we will see FOMO of institutional investors, that would be huge! More than FOMO of "the average Joe" with hundreds/thousands of bucks! That is for sure. 2019 will be very interesting year! Let us prepare :-) and make plans.
Heres the thing, we are going to keep dropping until you all stop selling your bitcoin back to the man! All that is going on is they are scaring everyone out and collecting your btc and using it to scare the next round! Does not look good for BTC until we get that capitulation candle, which is when we see BTC moving in $500 increments because there will be no buyers at all left! This is the short move live right now in play!
I don't consider Bitcoin Bullish until we consistently break above 6.3 K and stay above 6K! Until then nothing has changed, and to me this looks more lless the same, like a high probability short trade to me than anything else! I would not be surprised if we see 3K in the morning from here since this is exactly where the resistance set in last time! More likely just another bull trap, since we are in the midst of Crypto Winter, and there should not be any real support to 3K, and 1K!
Today's price games are not relevant for sure, if we will see FOMO of institutional investors, that would be huge! More than FOMO of "the average Joe" with hundreds/thousands of bucks! That is for sure. 2019 will be very interesting year! Let us prepare :-) and make plans.
Love your videos sunny. You are doing a great job giving your insight on the market.
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next bullrun going to be huuuuge