A lot of shit is lining up. Lets see if it blows up. Too many people think 4900 is gonna happen now. BTC doesnt do what everyone thinks will happen.
Note
of course bitfinex has liquidity issues and now it is averaging 70-150 bucks higher than the rest of the BTC charts based on other exchanges. This thing is invalid because of that.
That being said on 11th we dropped and hit 6040 pretty perfectly. This is taking longer to play out than I originally thought but I think the 6040 test will bring us to 6500 or 6900ish then to the new lows.
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goddamnit finex price starting to be 200 bucks above the other exchanges.
But on bitmix this was a drop to 6040 and pump to 6800-6900. Perfect.
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i modify this prediction to 5400ish because of an unspotted level at 5970, we might not even reach into the low 5k's at this rate. 5970 will provide a fat bounce. not sure where thatll lead
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