Bear is still alive

I was hoping that double bottom pattern forms, but BTC wants to go more down from now on.

last night BTC showed some bullish pattern but it failed immediately this morning.

This means fake bullish pattern is on going process and it will make another bear market again.

Kommentera:

I advice you to not put your position to short.

I would rather wait until it cool off.

Let's wait for the buying opportunity after this turbulance.

Handel aktiv:

yes it is going down

Kommentera:

short short short short short alert!!!

Kommentera:

target to 12000 very possible

Kommentera:

Do not fool by the fake bullish pattern

Handel aktiv:

we won't trade at this point. stronger bearside right now. long term bearish cycle is on the track. let's wait until the short term bullish signal when it arrives to the bottom. keep updates :) good luck all. BTC/USD 12000 to 15000 is still possible.

Handel aktiv:

Bear time! 12k

Kommentera:

yes I am still bearish

Kommentera:

I won't buy btc for now. Bear is stronger.

Handel aktiv:

I will update new analysis