Bitcoin Bearish For June 2019 - Crash Incoming.
Updated
Over the last couple of months, Bitcoin has had amazing growth, up over 120%.
I think there will be a strong correction around the middle of June, around the time when the CME Futures Expire (June 18th)
Make sure to watch carefully and see if Bitcoin breaks below the wedge. I have shorts open from 9.2k but will stack up more if we break below the wedge early.
Good Luck guys! :)
I think there will be a strong correction around the middle of June, around the time when the CME Futures Expire (June 18th)
Make sure to watch carefully and see if Bitcoin breaks below the wedge. I have shorts open from 9.2k but will stack up more if we break below the wedge early.
Good Luck guys! :)
Comment
I want to also mention that the rising wedge that I displayed on the chart is just to show why I think it's bearish, but many times we break out of it early, so I won't be surprised if it breaks out early, then the price goes horizontal until mid-june. Then Crash.
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.