BTC playing out bearish formation
Extending on this idea
BTC is still painting a bear flag. After setting what appears to be a bull trap, BTC has more longs in the market and more fuel for down.
Nothing has changed in the US economic situation, its still bleak. Stocks failing key levels should be the catalyst for an aggressive downwards push on BTC.
Key levels marked for bounces, but ultimately my strategy is to ladder in at first purple box and go all in if it makes it to second box.
TV chat is heavily bullish....TV chat is never right.
BTC is still painting a bear flag. After setting what appears to be a bull trap, BTC has more longs in the market and more fuel for down.
Nothing has changed in the US economic situation, its still bleak. Stocks failing key levels should be the catalyst for an aggressive downwards push on BTC.
Key levels marked for bounces, but ultimately my strategy is to ladder in at first purple box and go all in if it makes it to second box.
TV chat is heavily bullish....TV chat is never right.
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