You are viewing a single comment's thread from:
RE: Bitcoin (BTC) Morning Update: Regular Flat (3,3,5) Correction
Ah yes - the whole world looks at a massive H&S, and even after an almost 50% retracement, many decide to go short and then sit there perplexed as their sure thing turns sour. A rising price eventually drives them to cover. Watch the squeeze!
There goes the short term downtrend line, but I'd expect the price the rise faster when the next downtrend line is broken at around $15K.