Bitcoin Technical Analysis for December 5th 2018
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I agree there could be a huge bounce and those shorts will most likely be liquidated getting that high. Btw "workin" I put up a new video kind of some out of the box ta. But would def love hour feedback on it and what I came up with. I discovered some pretty neat stuff while making it actually. You can view on my channel.
Shorts can keep going up in a bear market until the selling intensity slows down or stops.
Great points made to bring some perspective. Also interesting is to notice how long it stayed in a sideways price range. During that time a trader could make a good living buying the lots and selling the highs of that range , Now that the bitcoin is at its current level , it is advisable that we need to do is invest what we’re Holding and make more profit, So we don’t feel the lost in fall of price which we are experiencing now, I discovered a comment of someone giving Accolades to SUNNY DECREE and also thanking him for helping him increase his Portfolio from having *4BTC to *12.5 BTC in three months, so I contacted him, Behold I have made *3Btc in 6 weeks with his working strategies, if you have lost so much during fall or want to increase your portfolio like me, Y'all can reach out to him through His email/hangout at decreetrading55@GMAIL. COM or via TELEGRAM +17867086375 and thank me later