BTC compare with Gold between 2002 and 2012
Same bubble. Wait the chance for short with your patient.
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Be patient my friend, wait for the bull exhausted.
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Red circle is MA30 and track suppress zone, but what i expect a M top will be perfect, but the market always right, don't fight it, learn it.
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And there is another important thing we need to think about, will the ETF be rejected after the hacker's attack?
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If there will be wave 5, the ETF should pass, what the hell?
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This is the first time MA90 on 4H chart been tested, I think we will see a rebound soon. But I choose to watch and wait, to see if we will get a wave 5 or M-top.
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The price difference between futures and spot(OKCOIN:BTCUSD3M*USDCNY-OKCOIN:BTCCNY) has finished a complete Elliott 5 wave, for me it's better to close the short position and wait for another chance.
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Reverse H&S if no news about ETF in next 3 days.
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Not top yet, just a retrace, but need to watch now.
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