BTC manipulation?

4 Jul

I thing BTC is going lower before it will go higher. There is a buy stops resting just under the low of this consolidation. Due to the bull market for BTC and a four year period of BTC there is plenty of time to send BTC higher. Look at this consolidation which we have been in for 126 days. I believe it could consolidate for another two month. If not it is ok. My personal threshold is around 53000. We are just about to take the low. Another game plan is it could create double bottom at 56600 take of and come back to liquidate buy stops later on. I dont know if this is going to happen however I am counting on this option too. keep in mind BTC is making lower highs on daily.https://www.tradingview.com/x/SxgLHbRq/

4 Jul

Nota

BTC has created a double bottom. Pretty good reason to drop the price again. Buy stops rests below. Chart looks bearish so far. No significant high has ben taken.