Short Term BTC: I Smell a Dump Incoming...

2017년 11월 16일

The question right now on the minds of many crypto traders out there right now is "Could the BTC correction be over already?" or a variation of "This is just an irregular B Wave... right?" I keep asking myself these questions as well but I have to say, I smell another dump coming. This rise is very characteristic of the ones BTC has made in the past before a sharp rise of a drop - in this case, looks like a little too much enthusiasm has carried the price this high but volume is drying up as BTC is inching towards $7500. Its likely that FOMO can make the take is to $7550 or even $7600 (I'm looking at you BullMEx...) but as BTC corrections only seem to be truly complete after the 200MA touch on the Daily, I'll keep holding my breath for a better price to scoop some more coins up. Taking Profit for now.

2017년 11월 16일

노트

I'm seriously starting to wonder if i'm turning into the anti signal. BTC just won't quit. Straight up defying gravity...