BITCOIN - On The Brink Of Collapse

2021年6月8日

BTC fell out the pennant as I'm sure many of you are aware. Not much to say really. This could be the start of a motive wave 5 as I described in other threads. There may be a small bounce for minor wave 2, but it doesn't look like it currently. BTC looks dead and probably just a continuation pattern from here then then lower. If you have any long hero friends that trade on fundamentals, this might be a good moment to say farewell.

See you at 20K and lower.

Collapsing whilst writing this lol.

2021年6月9日

评论

BTC perfectly tagged 0.618 retracement from the pennant thrust candle, before continuing down.

2021年6月9日

评论

What a bounce! Anyhow 0.886 retracement from the thrust candle, that will probably just about do it. Not advice. of course.

2021年6月9日

评论

We've seen BTC reverse many times at 0.786 and alts around 0.886. But this time BTC.D is pumping and alts look done - BTC hits 0.886.

See my BTC.D thread for details.