CryptFreud

🥴

Short
CryptFreud Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Either this or we break out for 10.4
Commento:
we broke out of the channel but instead of going for a lower low we did a higher low. I still think we'll be going for the double top at the very least. Given halving fomo and everything I do think there's a possibility for a higher high at about 10.2-10.4 before we collapse
Commento:
Still on course. We broke 9073 with the previous high so next target is 9200-9260, an dafter this one 9440. Once again, if we maintain 9440 and don't break it it will be a good confirmation for the move down. Otherwise, 10400 is the next target
Commento:
I smell some fuckery... DT at 9400 achieved. Now lets see... CME is HEAVILY short (85%+). My question is this: it's a known fact that the majority always lose but does this apply to the guys from CME for example? If CME if 85% short and they actually know the move then we'll definitely see 11k. BUT if the Pareto principle applies to institutional investors as well then oh well...
Commento:
Hmmm... seems like Pareto principle also works with CME dummies :P

Okay so we broke the DT and now the next target is 10.5 and 11k. we still have 4 days until the halving. I think today and tomorrow we'll be reaching 10.4 and 11k, and then either 1-2 days BEFORE the halving or on the day of halving we will start going down.
Commento:
SETUP INVALIDATED LADIES AND GENTS! We lost the battle but we we will win the war :P

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