Short

BTC/USD Short

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This is another observation. Only a quick TA on the 1 Day chart for BTC

Uwaga

There will be quite a few buy and sell opportunities in between now and the predicted drop. I'm forecasting that BTC may return to around 8,500 over the next 4 months.
I don't believe we will have a new ATH before then.
Please let me know what you think will happen in the comments.

Uwaga

If you have BTC and are worried about the fall I wouldn't sell until it reaches 17,800 - 18,200.

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Ok. Sorry for all the comments. But, Down she goes

Uwaga

If you have BTC and want to cash out. I recommend trying to sell around 16,300.
Up to you if you take my advice. I could be wrong. Here is the TA

Uwaga

Price dropped lower than anticipated on the first wave so I have moved my sell position down.

Uwaga

Bitcoin may return up to 17,500 area from here before the big drop.

Uwaga

BTC Has made a series of inverted cup and handles as it progresses down. If it completes this head and shoulders I believe this will be a large drop to around 13,000 area.

I am noticing patterns and sharing my ideas to get feedback. Not as advice. Thanks for any tips you have.

Uwaga

By BTC... See you at 13,500 to see how you're going

Uwaga

Here are a few of the ways you can confirm a down trend. The rules are opposite for an uptrend.

Uwaga

Head and shoulders have so far failed to complete and BTC may have found support

Uwaga

I don't know how this isn't being pointed out by everyone at the moment.
BTC is due for a pull back to it's overall trend line between 8,000 and 9,000

Gordonrmck

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