TheBanq

Bitcoin might go sub 8000 from here on.

Kort
BITFINEX:BTCUSD   Bitcoin
As you can see in this daily chart, TD reached 9, which in the history of Bitcoin often times indicated a bigger correction.
We also held this 8100-8300 level for a longer time now and didn't manage to get a new ATH since 2 days now.

This is not guaranteed of course, but i would personally not hold any longs over night right now.
Be careful with longs over a longer period now, i am personally short, until we do not fullfill the TD seq.
It isn't looking good for BTC right now tho.

BCH dumping could be a factor of BTC not breaking down tho. We will see how this plays out.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.