Unease after the Bitcoin squeeze
Bitcoin is in a massive squeeze which will result in a very big move once the price breaks out. The direction is still unclear so I present two scenarios.
This is scenario A: The bearish break-out.
In this scenario the price keeps on moving even longer in a sideways move and slowly starts to decline, with a crash towards the end of 2016.
This is scenario A: The bearish break-out.
In this scenario the price keeps on moving even longer in a sideways move and slowly starts to decline, with a crash towards the end of 2016.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.