qumatru

A long bitcoin idea while being a bear at heart

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BITMEX:XBTUSD.P   Bitcoin
A lot of relevant traders are low key saying we hit the bottom already. I don't thinks so but you have to be blind not to see how strong this reversal is, and how well supported the price has been lately. I therefore propose the following scenario with bitcoin printing a W that lands us in the 13-14k area, followed by resuming bear trend and taking us down into the coming summer. Definitely a long way to go and a lot needs to happen between then, however for now I will be giving up my bearish dreams until we hit some serious resistance.
Best of luck.

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