So since we have this continual cycle of pump, consolidate, pump, consolidate; then dump, consolidate: I am expecting a Bart down. It could however go up instead. I am 100% sure though that we WILL see a massive candle very soon. If you want to short/long then flip a coin and put a tight stop loss.
The reason I am expecting a Bart down is because this (according to my previous TA) could be the final leg down to the support at the low 3000s before we see good upwards movement. If we look at the 2014 bull run then we see that there is a possibility of a bart up before continual barting to the support. We see what happens soon I guess.
Neutral position: waiting for btc to hit support before I buy more.
The reason I am expecting a Bart down is because this (according to my previous TA) could be the final leg down to the support at the low 3000s before we see good upwards movement. If we look at the 2014 bull run then we see that there is a possibility of a bart up before continual barting to the support. We see what happens soon I guess.
Neutral position: waiting for btc to hit support before I buy more.
Commento:
Bart down confirmed