!! BITCOIN WARNING !! HUGE DUMP INCOMING - BULLS BE CAREFUL!

Short

Indice Bitcoin (BITMEX:XBT)

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BITMEX:XBT Indice Bitcoin

trendanalysis harmonicpatterns chartpattern bitcoin btc analysis ta bearish not-financial-advice

Charts show my chart patterns and how I am reading the current market structure...

BEARISH!

Commento:

This idea is still valid to go lower. We pumped more than all bears would have expected, which is nothing new with Bitcoin. We perfectly re-tested the resistence zone of the descending triangle, which I have marked with two red lines. Unless we really break through this zone with volume is when I would invalidate this idea.

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