Bitcoin failed the ATH this night and go directly to target price 1 at 6000 usd area then it may bounce to reach the next target price at 4000 usd area.
Long term market pressure -1.9 confirm the bearish trend Short term market pressure -2.6 confirm the bearish trend
The chart pattern are almost clear The chart highlight a parabolic pattern and if 4000 is broken the final target maybe also 1k or less
This analysis are based on market pressure On my twitter you can find market pressure value fo all crosses
seems you only like to short bitcoin... I went down to see your previous analysis,,, you only tell SHORT SHORT SHOR,,, seams you are note aware of LONG! LOL
MarketMiracleAdvisor
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@sadeghtrade, long a overbought market like btc is a suicide
Historically, alts always followed btc on the way down and rise when btc went sideways after reaching new tops. Are you suggesting this time it will be different ?
MarketMiracleAdvisor
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@CryptoMonkeyDev, every cross related to btc is in a good long position.. ETHBTC imo is the best one now BCHUSD is also good
deveci.as95
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how could the alts be impacted from this? like a few hours ago?
MarketMiracleAdvisor
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@deveci.as95, alts will receive money from btc IMO