AlphonsoElliottJr.

Bulls may have a chance to retrace at $5000

Kort
BITFINEX:BTCUSD   Bitcoin
Hello fellow traders! As Bitcoin continue south of the border, there may be a pit stop at $5000. If the bulls can sustain that last trend line, there may be some hope for a temporary pullback to $6000 for a resistance test. As of today, Bitcoin has dropped $1000 in 12hrs. and may drop more. Queen Bear is heading south really fast like a speeding bullet to go straight through that $6k. I did a paper trade on bitcoin selling and made 35 million dollars at the $7250 price. Let me know your thoughts and where the price will stop at.

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