Bitcoin / TetherUSShort
bitcoin flash crash is on the way
Updated
BTC has formed massive descending triangle and we are about to see a massive flash crash.
CPI report is also coming on 13 oct, so we need to wait for that report in order to take action. we also need to wait for breakout and retest.
a simple breakout could cause a quick flash crash. i am expecting 10kBTC by the end of this year although anything could happen i will be updating this idea on regular basis whether we are going to break upside or downside.
bearish scenario is most probable at this point.
CPI report is also coming on 13 oct, so we need to wait for that report in order to take action. we also need to wait for breakout and retest.
a simple breakout could cause a quick flash crash. i am expecting 10k
BTC by the end of this year although anything could happen i will be updating this idea on regular basis whether we are going to break upside or downside. bearish scenario is most probable at this point.
Note
we did fakeout but now it's clear that worst is yet to come
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