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Short the 10.5k level, Heck short it right away.
Bitcoin
Short
Short the 10.5k level, Heck short it right away.
By UnknownUnicorn1866407
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Updated
Sep 10, 2020
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Sep 9, 2020
Hey guys, really short update on bitcoin. We failed to break the 12k a while ago.
We will likely visit the 6k level again. Liquidate most long positions from down there. There are longs at 9k, longs at 6k, a wick to 5k
Good luck guys. There's also bearish developments on the 1 hour/4hours charts.
This dump will pop the DeFi bubble and to hell with YFI and YFII.
Sep 10, 2020
Comment
Bitcoin dominance just bounced up a local support line. It looks like there was a fakeout to the downside and it's now back above it.
There are 2 scenarios here.
The first scenario indicates Bitcoin will pump against altcoins to recover its dominance above 60%
The second scenario says Altcoins will dump hard again to give dominance back to Bitcoin.
Let's see which scenario plays out soon. I would personally go with the second scenario.
Peace guys. Trade safely
Bitcoin (Cryptocurrency)
BTCUSD
Chart Patterns
Cryptocurrency
Technical Indicators
Trend Analysis
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