BrettduPreez

Bitcoin going back down to 8400 USD

Short
BrettduPreez Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Facing resistance at around 12700. Climbing in ascending wedge.
50 SMA still downward
Commento:
We are still on track to our target. I think we may see a bear flag forming over the next few hours. Then back down again. I am halting all altcoin trading until Friday. For now my portfolio is in Nubits as a bitcoin hedge.
Trade chiuso: obiettivo raggiunto
Commento:
I am not entering into BTC yet, although we have reached our target. The market is very bearish and a further correction will happen. I will post this in a new idea thread.
Commento:
Bitcoin falling through major supports now. 5000 USD is becoming a reality.
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