chrisvos

BE AWARE BTC BUYERS

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BITFINEX:BTCUSD   Bitcoin
For now I expect that BTCUSD will move beyond the POC(point of control) There is a chance that it will already make a strong downward move but I think we need more buyers to trap when they buy the breakout. After that people will sell their position because of natural psychology and fear of more downward movement. This will cause all breakout buyers to sell their position aswell and that could take BITCOIN to 5K.
Everything is on the chart.

NOTE: This is not based on TECHNICAL ANALYSIS.

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