The market got a little too euphoric at 11700.
This is probably the cleanest example of elliot wave theory happening so far.
Bitcoin will probably recover, but in the meantime the chances of us hitting 6k is actually becoming more and more probable.
I have shorts opened at 10600, 10800 and 10900.
One more note : No point holding onto alts as well. They're going down too. I'm also in the market for uber cheap ETHs and LTCs when the time arises.
This is probably the cleanest example of elliot wave theory happening so far.
Bitcoin will probably recover, but in the meantime the chances of us hitting 6k is actually becoming more and more probable.
I have shorts opened at 10600, 10800 and 10900.
One more note : No point holding onto alts as well. They're going down too. I'm also in the market for uber cheap ETHs and LTCs when the time arises.
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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.