Captain_Walker

BITCOIN - GET READY - CONSOLIDATION PATTERN

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BITFINEX:BTCUSD   比特幣
Those who have given up on Bitcoin - BTCUSD - could be soon in tears! There is an obvious consolidation pattern on Bitcoin. Loadsah people are listening to 'the news' instead of watching the price action - which is just fiiinnnne!

Just to be clear the probability estimate is still 51% for the north at this time - which is not a prediction. That means there is a 49% chance it'll move south. But the estimates are so unimportant, it is about taking a controlled loss (aka appropriate stop loss)

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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