Bitcoin
Short

5500 Incoming ...

Updated
5500 Incoming ...
Trade active
By April 10th 2020
Trade active
FYI ...
1) For BTC to reach 5400-5700 on April 8th, it has to be around 7800 on March 23rd.

2) Because there is a 30 - 33% drop from March 23rd to April 8th.

3) If BTC stays in 8k's by March 23rd, then the final target will be -30% of the price on March 23rd.

I correct the previous comment from April 10th to April 8th.
(Published chart says April 8th)
Trade active
7800 reached two weeks early.
Hoping there would a bounce and dump to 7800 on or before March 23rd.

Because the -30% down from March 23rd to April 8th is fixed and confirmed.

The only unknown variable at this point is the price on the March 23rd.

If Price goes down further from now until March 23rd, then we may go lower that 5500, which sounds scary.
Trade closed: target reached
Target reached early and went down deeper than I thought.
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