[Daily Discussion] Sunday, June 09, 2019

From all the time I've spent watching bitcoin, I've noticed that as soon as you start thinking "ah, I see where this is going, just need a confirmation/for it to finish this formation" that's the instant bitcoin does whatever the fuck it wants. It doesn't care if you've seen enough bottoms/tops, if the wedge completes, if you think there should be more upside/downside before it moves, it never gives you a 100% clear sign, it'll give you 50% at best and then go before you're ready. I see people here waiting for a double top, a triple bottom, I don't think it's going to give you these. Wherever this is going, it's gonna be messy. The volume and price behavior since we peeked our head above 8k a couple days ago has me worried we're gonna see a nasty dump soon and if we do it's going to catch a lot of people off guard

/r/BitcoinMarkets Thread