RE: [ Bitcoin ] Bitcoin Dump! Another dump on it's way?

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[ Bitcoin ] Bitcoin Dump! Another dump on it's way?

in bitcoin •  7 years ago 

Not a financial advice, but there's head and shoulders in daily chart, and yesterday's dump just finished right shoulder. Breakout might follow any second now. Bearish triangle on a longer time frame as well. When news were super bullish, we went sideways, google trends go sideways as well. At least the volume is declining, so maybe we aren't going into a bear market.

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Breakout to 7500

I hope not, but with all this negativity we can go down to 6900 easily before we rise again. Do you think we will go down to 6900?