Bitcoin Everyone is Finally Bearish (BTCUSD)

in #bitcoin6 years ago

bitcoindoller.png

We had a lot of fun the past few months.
We may see 63000/6400
I like the way this looks though honestly.
Downside price objective accomplished – P&F chart (Close)
Preliminary support, selling climax, secondary test - Bar and P&F charts (Yes
Activity bullish ( volume increases on rallies and diminishes during reactions) – Bar chart (Not yet)
Downward stride broken (that is, supply line or downtrend line penetrated) - Bar or P&F chart (Yes)
Higher lows - Bar or P&F chart (Yes)
Higher highs - Bar or P&F chart (Not confirmed yet)
Stronger than the market (that is, more responsive on rallies and more resistant to reactions than the market index) ( Volume is weaker) (Neutral)
Base forming (horizontal price line) – Bar or P&F chart (Yes)
Estimated upside profit potential is at least three times the loss if the initial stop-loss were hit – P&F and bar charts (Yes)

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