Hello dear friends!
Finally, what the sellers of bitcoin were looking forward to – cryptocurrency # 1 has dropped in price by $ 6,000 tonight. This massive collapse led to the massive liquidation of hundreds of millions of dollars long. And now the cryptocurrency community, holding its breath, asks the question: “What is this? The beginning of the end? Or will the crypt continue to grow?”
In order to answer these questions, I propose to return to the past. No, not in the era of mammoths and dinosaurs, but only 3 years ago – in December 2017.
And what do we see?
Based on the structure of the bullish wave, we are now here:
But, naturally, I will not buy, and I do not advise you. the cryptobubble can burst at any time.
So I will continue to hold the shorts and sell more if the bulls can get the cue ball to $ 50,000.
Good mood and successful bidding this week to everyone!