As part of our forecast, I noticed something within all the barts all the TK's all the MA's all the garbage, there's a pretty peculiar reverse cup'n handle in plain site.
Take a quick look at BTCUSDSHORTS and tell me that isn't a cup n handle. Now take a look at this TA.
Victor, domp eeet!
There are so many conflicting factors this week I decided to take a more speculative approach to TA and get in the minds of those bullying the market the way they want it
I also looked closer at the TA from previous market crashes and 1 thing is clear, we get the same trend lines but we never break out upward (looking at major crashes)
I think this week will be mostly uninteresting as BTC Shorts grow larger than life itself we will continue our (totally not manipulated) curvature of barts and bats toward the trendline.
I am also thinking a low of 5-5.5K in the next 3-4 weeks followed by a recovery and a massive alt run across the board as (smart people) cash back in. Just my opinion, I have not thought alts are due to run for quite some time now.
Just my opinion, I don't see many others talking about this.
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