DataPatron

Bitcoin seems to be ready for final capitulation

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BITFINEX:BTCUSD   比特币
Hi, guys. As you now I am constantly bearish in crypto this year until evidence show me the opposite. Several months has bitcoin consolidating in tight range between 3300 and 4400. Now it seems to be completed sideways mission, long term volatility as at at all time low so really HUGE movement is around the corner. I am almost sure another red leg symmetrical to previous one (from 6 to 3k) is before us.

Good luck and take care!

-DP-
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Retest of 4200 is behind us! Short term breakout soon?
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Bulls are still trying to break 4200 resistance. Chart is signalling double top pattern and fourth attempt to break this level. RSI is showing bearish divergence. Reversal from here could be very bearish movement..

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