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XBT/USD Still in negative momentum. Don't fall into Bull Trap.

Singkat
BITMEX:XBTUSD.P   Bitcoin
Don't fomo into these morons telling you we're Bullish. Don't fall into a bear trap. Be smart. Look at the facts. We are in heavy retracement (negative) momentum as we test previous levels after BTC bounced off of the 5800~ USD level.

Looking for the momentum to carry us further below the Bearish Gartley pattern we developed on 3/8-3/13 where we topped at 9900~ USD. I am looking for this move to continue to bounce off of levels we previously discussed. All shorts should have been VERY profitable as we continue to hit the levels.

Next stop after the short-term wedge will be 7366~ USD.

BE SAFE, DO YOUR OWN RESEARCH, AND GOOD LUCK!

Penafian

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