filipnr1

H&S with volume confirmation

Short
BITFINEX:BTCUSD   Bitcoin
Let me throw that straight. Bitcoin has very little added value and does very little. If something does little it's not worth a lot. I've been around for very long time and you can haha at me, but i started selling my BTC at 6k all the way up. From 10k lvl we entered pure mania and maybe even Wall Street manipulation to easily short this market. This is one glorious bubble that will pop up very ugly. You can throw money at it but the reality is that BTC hasn't changed form 2013 that much, it still faces same problems and has very little implementation. It's poorly designed, outdated and costly to maintain. The price imo was driven by spoofing and trading bots. Some shillers made milions but the street will get hit hard.

I also believe that it isn't typical sell off i think there are some fundamental news that will back this crash. I don't know maybe someone is investigating exchanges maybe Tether has some heat on it.

BTC was the fugazi of the 2017 but the reality will hit hard. Funny thing ppl don't learn from the best and believe that they can become millionaires in a year. Also it's very interesting how big ideas (financial system without banking and government) turn off critical thinking. Remember market discounts everything. Trade safe and happy 2018 bear market imo.
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