Bitcoin
Short

Just Wait For It. Forget the Manipulation and Noise *Updated*

Updated
Hello Comrades.

Due to the way we are breaking down. I no longer expect this multi year trend line to hold anymore. I do expect a bounce at $4855 to long.

Patterns and trends are meant to be broken and this one will most likely will break. Its only a matter of time.

Stay Tuned. We need to look at the volume profile, and other indicators to pin down where the bottom is.

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I'm looking for a long around the $4,800 area here. snapshot
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This is the area I'm looking to long. We need to bounce somewhere here.
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snapshot
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The longs played out well. I think we start to see some sideways movement here now. The odd thing is a few whales have taken out a large amount of contracts on shorts. Market is getting dicey here definitely.
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