BTC Bears never left, capitulation very likely to follow
Updated
Btc is doing exactly what I hoped fore, we fall out of the flag after the third bounce but bears managed to break below it. Im not planning to long before 26k, we tested the vwma20 at the same way we did in 2018 and in de crash from July, only this time the underside what is extremely bearish. Around 26k I expect a bounce, good for spot buying not sop great to use leverage since everyone is gonna long there and it could lead to an even greater long squeeze.
Note
I think we will consolidate here for the weekend, so we don't leave any cmegaps open. Added some puts and shorts, expecting low 30s within may.Note
28k before June.
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