BitcoinUpdated BTC update 13Aug18 Capitulation incoming
BTC is sucking the life out of alts to prevent its own fall. ALTs are in freefall, BTC just broke 6000. I expect this trend down to accelerate, and our target of 5k(4.6-5) looks like it might occur within a few days. Our plan to buy this dip at 5k is still on, and we will be waiting for volume and V bottom for confirmation. Please take a look at my previously posted guide on how to trade these events. I will update as i can.
Order cancelled
This produced a failed low. BTC is really struggling to get to 5k market. Signals that buys are willing to come in anywhere in the 5s.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.