BTCUSD_NOT_THE_MARKET_YOU_SHOULD_BE_IN_NOW

2019년 7월 27일

Bitcoin will likely dive down as crackdown on BTC continues world wide by the banking industry. Until it is a forgotten market, it will not see the 19666 level again for a long time. Current price action, as of today, is not normal. Just in hands of a few market makers deciding the price to push u p or push down, but high volume in 5 minute candles. Triggering stops on both longs and shorts. Bitcoin is a highly manipulated market and will be for the fore-seeable future. Thats why you should not be in the space for a while. The rise of 2019 is purely a game of Bitfinex, pumping the price to fund their budget gap. In my current idea, we will see $1500 sooner then 20k.

On this date of publishing, the MACD is almost crossing bearish again on the weekly. This happened a few occasions before. Indicated a loss of about 50-70% of the current market price.

Bitcoin is not in a bull market. The crypto space will be dismantled by the banking sector and governments while defending the fiat money system.


Your Imperial Tiger