Short

Bitcoin Top Has been Spotted -- Beware.

Updated

If you have seen my previous charts, you would know my calls are pretty good. We will see a retrace at the $4700 mark. Get ready. Best of Luck.

We recently saw two 1100 BTC bids being sold into which were put in place to drive the price up. This means at some point bitfinnex will run out of margin. Someone wants to dump.

Note

May not hit 4700. We shall see.

Trade active

Shorting bitcoin is always a bad idea. A very bad idea. Just charting this but not actually shorting it.

Trade active

Sorry folks - i am still very busy with work and family etc. however got a chance to look at the chart for a bit. here are some levels to look out for. I strongly think a corection is coming before the no2x bull.

Note

3850 maybe.

Note

4000 is good support..

Trade active

See my first chart .... chart still stands.

Note

$4700 is the last resistance. Above that is bubble area. Bubbles go big very fast and bubbles burst very fast too.

electo

Also on:

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.