i thought i'd send out a little heads up to anyone who's seeking for an answer, the answer to this perplexing puzzle, one which caught many off guard today.
though, if you thought that todays move was random, wait until this next move comes.
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i call this next move, the grim reaper.
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somewhere between $51,300~$58,118 sits an algo target one which has been sitting there for months, just patiently waiting.
once btc hits this algo target, the reaction that follows will be one which the majority couldn't fathom, no matter how much i would attempt to explain.
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conservative downside target for this final phase sits at about 34k. expanded flat target sits somewhere in the low 20k range.
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trade safe.
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Note
just to be clear, its not going to randomly fall overnight - so don't be afraid.
but do keep this idea in the back of your mind, for the grim reaper strikes when you least expect him.
could be tomorrow, could be next week or next month.
nobody knows when he'll come, but when he does he's gonna take everything.
Note
i got a big short order in at 52k, just in case its over sooner than i'm anticipating.
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