Bitcoin
Short

The Meretricious Analysis — Bitcoin — :o :P :D >;/

By TheMagpie
Updated
Well how do you do you utter cretins? You want to make money?? You do? Well eat my charts mother flippers.

Yeah that's right, I'm the cool, smart guy you all wanted to be in high school but never could be. Now listen to me you peasant.

Still here? Can't get enough of me? Well ok, you want to make some cool, hard cash? Look no further because I am here.

And yes, I know what you're thinking. 'Oh you're just a copycat'. Wrong.

The difference between me and other shit cannons is that I will actually put my opinion up here. Other fecal artillery will be hazy and read more like a horoscope. It's easy to say you're always right when you are always on the fence. Feces staining those freshly painted wood posts is not a good luck.


Analysis


As you can see by my chart I expect that there is a key area that we must break through. Personally I believe that we are not out of this channel just yet and I expect a retest of a lower price before we start a real bull run like we saw at the end of last year.

Remember to always do you research and to use these charts for educational purposes only. Never invest more than you are willing to lose.

Trade active
15 minute chart
Comment
As posted in my 15m idea, I would be looking for an entry at 9200-9500 sats with a stop on 9700/9800. Take profits on the way down.
Comment
1 hr update - Don't short just yet.
Bitcoin (Cryptocurrency)cannonChart PatternsTechnical IndicatorsLONGshortTrend Analysis

Disclaimer