Increased BTC Weakness Demanding To Reverse ETH Position

By khun
Updated
Sooo, weak... On top, we have another significant spike of "days destroyed" >>>

blockchain.info/charts/bitcoin-days-destroyed?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any case.

To buy/long ETH and getting rid off Bert before he starts to properly dump is recommended.

Target (BTC): 373.00EUR (ETH): No idea. Just let it run...


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Updated Daily (RIP) added
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Updated chart (Re-short Opp) added
Bitcoin (Cryptocurrency)BTCBTCEURdaysdestroyedETHetherEthereum (Cryptocurrency)ETHXBTkrakenkrakenfxLONGshort
khun

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