We've got a bullish butterfly pattern on BTCDOWN after that mad tear run up. If you followed my idea on BTC then maybe you made some $$ on that run. So it's that time again, and I'm slightly bear mode now. I would expect some engulfment at the wick where Bitty liquified some crispy burnt shorts. Bitcoin could make it to $42,500 or so as it might push into the upper channel of a modified Schiff pitchfork (see my recent Bitcoin idea). For now, DCA is always the way and I'll probably add this to my port at the indicated entry. As always, DYOR and this is not a substitute for professional investment advice. Good luck!
Trade ativo:
I drew this on the fly, will adjust later but just a wild eyed prediction ;)
