Is there a reason to be bullish on bitcoin? #bearsREKT
Updated
My prayers go out to all bears who got rekt by this short squeeze including myself.
There is no one to blame except yourself, this was all in the charts as you can see, it formed a clear ABCDE preparing for a next wave up. The only reason why the move was so extended was because almost everyone magically missed this and got stopped out on the way up. Even the btcusdSHORTS were in a rising wedge with a big throwover in the hours before the big move.
Looking at it now, it looks like a beautiful ABC correction (that has finished imo) before the next huge wave down.
I expect some kind of wedge formation here, leading us to sub 4k next.
Goodluck to all of you guys
Questions and comments are always welcome
There is no one to blame except yourself, this was all in the charts as you can see, it formed a clear ABCDE preparing for a next wave up. The only reason why the move was so extended was because almost everyone magically missed this and got stopped out on the way up. Even the btcusdSHORTS were in a rising wedge with a big throwover in the hours before the big move.
Looking at it now, it looks like a beautiful ABC correction (that has finished imo) before the next huge wave down.
I expect some kind of wedge formation here, leading us to sub 4k next.
Goodluck to all of you guys
Questions and comments are always welcome
Note
tradingview.com/i/P32sTaGd/this is the major reason why i think this C-wave is finishedNote
this is the major reason why i think this C-wave is finished 
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