Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Guys, this doesn't look pretty to me:
Yeah.... If you draw a bunch of down arrows, and you say that the situation looks bad (or not pretty), then that is really scary.
It feels almost as if such a negative scenario could actually happen and largely because it is stated on a chart.
Those are not just the bunch of down arrows, they are all the attempts of bulls for the short-term breakout; each and every attempt of bulls within the last week failed, and if this continues even a little, it can take us down to around ~$5750.