Bitcoin Last Hasbullas Pump Before Downside Nuke
Bitcoin retraced to the upside ~22300 over the weekend to liquidate all those high leverage shorters + performing a SL hunt
Right now its holding the price for more LONGs to build in order to liquidate them.
depending on traditional markets (SPX) we could get a counter trend rally to the upside (~4000) which btc will follow that gives bears another chance for a good short position.
KEEP in mind the market in general is in denial so any upside move considered a fake move and will follow with a major down side move
Thanks for all the support
Right now its holding the price for more LONGs to build in order to liquidate them.
depending on traditional markets (SPX) we could get a counter trend rally to the upside (~4000) which btc will follow that gives bears another chance for a good short position.
KEEP in mind the market in general is in denial so any upside move considered a fake move and will follow with a major down side move
Thanks for all the support
