Flash crash to 39k incoming. Get ready to buy low

Updated
People get ready for a quick drop to 39-40k range and a hard bounce. It can drop more, but it should close above that in the 4h

Longs vs shorts are too high (80% longs). The price is at support, that is true, but Bitcoin works this way, it needs to clear longs and liquidate players before it bounces

I expect after this we will have a bottom for a long time
Note
BTC Trend Change. Going to 40k
BTCBTCUSDChart PatternsTrend Analysis

Related publications

Disclaimer