Bitcoin is Ready for Pump - Short Sellers Should be Careful
Bitcoin is getting ready to pump. I shared lots of analysis for Bitcoin price chart during lots of FUD dropping on the market. I was bullish for Bitcoin while Bitcoin is trying to break down 25500 USD where is the most important level for mid-term.
So, Nowadays Bitcoin is trying to get ready for bullrun. We may see huge bullish moves on Bitcoin in a few 3-days...
Here you can see 3-days chart of Bitcoin. There are lots of similarities on Bitcoin price chart and I draw arrows to show you what happened before..
We may see same move on Bitcoin price chart. There MACD Indicator and downtrend line will be breaking up. MACD Indicator is reversing and buyers will beat sellers in a few 3-days...
After MACD Indicators turn green we will see the breaking up of the resistance on MACD Indicator.
After this scenario happened, we should look weekly chart of Bitcoin!
Here you can see weekly chart of Bitcoin. Weekly Fisher Indicator is close to reverse from the bottom. When 3-days chart analysis happens, weekly chart of Bitcoin will reverse from the bottom!
I shared lots of analysis about the flog pattern on Bitcoin price chart. It is on the way.
So, short sellers should be careful. Bitcoin may kill them..
We will see...
Posted Using LeoFinance Alpha