zmassey

Giant sell off in BTC incoming

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zmassey Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
So if past price patterns are any indication of future patterns, then BTC is going to sell off soon towards the $3000 level, within a variance of $300 give or take. Maybe we'll get a final pump before that to wash out the shorters. Perhaps that has already happened with last nights 1.5% gain, idk.

I'm not going to go into conspiratorial detail about what's about to transpire in the crypto market (because I'm lazy). But I will say that I pay close attention to several whales and they're getting out right now.

Do with that vague bit information what you will, if you're a holder then who cares? But if you're a trader you might want to consider that in your analysis.

IMO we need to retest the lows again in order for the market to establish a definitive floor in the price. Everyone was super bullish a week or two ago, now it's time to be fearful.
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It wasn't a hard dumpt to predict, $3000 here we come.
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