BitViewEU

Strong sell for bitcoin, take your margins!

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BITFINEX:BTCUSD   Bitcoin
Well, that was a ride. Although a bit expected due to the straight bearish flag we were in. Some manipulations tweets I saw passing by, which IMHO are correct and I will show you. I keep being bearish as this was a convulsion of bitcoin. We got a sequence of different patterns followed behind each other. See my graph. I show you a 1hr graph which describes current situation and a second graph with the manipulations (by bots) I think, is not a coincidence!

All the yellow circles or ellipses, are falling wedges or bear-flags that in 'normal' trading behavior would go up. In this 3hr pattern you see the course going down for several times. As an IT analyst, I can't argue this is NO a coincidence and nothing more than manipulation!! Be aware! Good and save trade!
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