BTC - Short of a lifetime
Updated
Ok so here is a possible situation..
BTC Is being pumped (parabolicly) buy big money investors until the launch of CME futures on the 17th Dec 2017.
This is when they will open a short position on BTC and dump their holdings. FUD will start to spread and panic will set in.
People will panic sell and the price will plummet to around 10k.
*Please note*
This is only a theory and is a high risk trade. If you are a long term holder it may be better to just hodl.
Good luck!
- phazednb
BTC Is being pumped (parabolicly) buy big money investors until the launch of CME futures on the 17th Dec 2017.
This is when they will open a short position on BTC and dump their holdings. FUD will start to spread and panic will set in.
People will panic sell and the price will plummet to around 10k.
*Please note*
This is only a theory and is a high risk trade. If you are a long term holder it may be better to just hodl.
Good luck!
- phazednb
Comment
Broke trend line, be carefulComment
...and we are back to moving up in the middle of the channel. Expect ATH soon bois!
Comment
BTC bounced off the bottom of the trend line perfectlyComment
Touched top blue box!Comment
We have hit our target box! If would like to donate here are my addresses:BTC: 1GeNMM86wnHtFjWuk4pHHJNtgiw1H4Zr4f
ETH: 0xc739ddb1ff39e10983b284b2302760270bbb1e23
LTC: LXjKGWRXyqvQVLdWnqeHPudQjoCwZtB2Ak
Much love
- phazend
Comment
Please note: shorting now is highly risky. I am watching the market closely to see what develops. We saw a pull back before the CBOE futures then up movement on launch. We may seem the same here...Comment
OK so maybe people did open short positions on CME!Trade closed: target reached
Reached my target box level :)
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