DrJLT
Short

BTCUSD down to $9k next week

BITSTAMP:BTCUSD   Bitcoin / Dollar
In my previous posts, I suggested that BTC would possibly reach $18k and stay in a period of confusion this weekend before crashing to at least $9k next week.

The first two parts of my prediction have become more or less reality. I think the general trend is that BTC starts going down.

I know there are people who believe the bitcoin never goes down -> if you believe this, keep on believing it. Reasonable people know what goes up must come down.

I believe the target zone will be between 0.5 and 0.236. Of course, I could very well be wrong, and BTC will go to the moon or the sun tomorrow.

Kommentar: check out my website: https://www.jlteng.com

btw, when I mentioned next week I meant starting next week. It could take more than one week (it should) before reaching the target zone.
Kommentar: of course it doesn't go in a straight line. people are wishing for a huge pump by wall street tomorrow. so today a bull trap
your thesis on btc looks about right to me man so thanks for sharing your insights
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or it will be the margin short popping game again, like so often...

https://www.bfxdata.com/positions/btcusd
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ChalifStorch ChalifStorch
yes, they do let the shorts pop.
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Its showed a correction down to mid 13-14 levels . What can we expect now?
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DrJLT AkshitMakhija
@AkshitMakhija, my feeling is that this is a trend reversal, not a correction. however, Monday could be a watershed, so don't invest based on my opinion but your decision.
+1 Antworten
about god damn time lol
+1 Antworten
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