Long

BTC shorts vs price. Another drop coming! or new bottom?

Updated

Hi all I am looking to history BTCUSD shorts. In history there is some similarities, look at 2.Aug, 1.Sep, 12.Nov. This dates is very important, in this days a lot of people start shorts BTC, and price in usd go down rapidly, 23%, 16% and 50%.
Now is situation similar, If we bounce from line on shorts, can be drop like in history, a lot of shorters are waiting if price above 4000usd hold and Head and shoulders will be confirmed. If BTC dont break 4250usd soon, drop here will be resolution I think.
If we fall around 20% 800usd from 4000usd, we can created double bottom on 3200usd, if drop will be more than 20% we can get new bottom.

Important resistance which we need break soon

My bottomed Idea is 2688usd

BTC yourney from 2688 => 334000 dollars in 3 years

This is my own idea, if you have some another ,please leave in comments.
Dont forgot for some action here :) like, comment, follow.

I will be update it. Thank you

Thank you

Note

Hi all, two days later is here, our drop, 4250usd dont break so head and shoulder dont confirmed, so shorters now in action I think, it can be worse. Shorts still at the beginning. look on the charts.

I can be update it

Note

Hi all, I give you possible scenario, shorts started now, nothing end yet.
Targets in charts, for me double bottom is most potencial way, but can be worse, 2800-2600usd or drop around 2000usd but this I think will be fast. there is a lot of buy orders.

Shorter can started in our trendline

Note

Looks like shorters go to action now.

Drop 100usd down, can be worse, double bottom soon

crypTouche

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