Bitcoin
Short

I called the start of the bullrun and I am calling the end of it

Aktualisiert
Simple explanation on this one, using history and vdubsniper, we can easily see that this is going to tweezer top and finally have a break into a bearish pattern which will eventually hit 20k support and this will test the entire crypto market.

Check my last idea for start to bull run and this will be my call to the end of it.
Anmerkung
This is a Monthly chart. Please note the stop loss would be at the top of the second wick.
Anmerkung
we have not seen an increase yet that would cause a stop loss. This looks to be as stated before at the very least a potential temporary top now at the 60k level with extreme resistance now as vdub shows.
Trade ist aktiv
still active, as short opened when posting in march is still open and will remain open paying funding. Looking for bottoms now, will post chart when determine its time.
Anmerkung
As we have seen, there is a support bounce within the support zone listed. Going purely on candle readings, we see a very very rare 3 month red candle that has never been this deep before. I suspect we need to retest the bottom of the trend of around 27k-30k before going into the 14k zone. I have a short that will always remain open from the top called and it has been collecting funding since open.

I will now be opening a separate spot long until the 27-30k area dependent on price action.
Bearish PatternsChart PatternsTechnical IndicatorsTrend Analysis

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