Yet, bears: what you need to complete the fall of Bitcoin?

After the formation of the local uptrend Bitcoin was finally able to settle in the region of $ 4,000. However, a few days later, the cryptocurrency has not been able to get much above the line due to the lack of strong pressure from buyers.

According to the trader under the name Flood, on the asset under threat of significant decline, which is increasing every day. However, if the bulls will still attempt a serious breakthrough above $ 4,300, the owners of short positions on BTC/USD are waiting very hard times.

No shorts

We will remind, as a smooth advancement to the level of $ 4,000, the amount of short positions on Bitcoin has been steadily increasing. This trend has forced many analysts to draw Parallels between the current sluggish market activity and flat in the autumn of 2018. Financial expert FxPro Alex Kuptsikevich also supported this view.

The lack of dynamics in the auction was a little scary, as it reminds the market in October, after which there was a sharp drop of Bitcoin.

The lack of movement in the market is so boring that any breakthrough bulls will be received with triple enthusiasm. With this massive liquidation of short positions on Bitcoin altcoins also moves up, leading to an enormous increase in capitalisation of the stock market.

Flood believes that players on the decline we need to worry about your trading strategy.

Some people are very clearly protects their shorts in the current trading channel. He would get into trouble if the level of $ 4,300 to be broken.

Unfortunately, without major inflow of new money in the capitalization of the coin, it is unlikely to be able to quickly conquer new heights. At the moment Bitcoin is trading at $ 4064. For the past day, the cryptocurrency has not changed its value.

Even more interesting are looking for in our cryptodata.

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0 Comments on “Yet, bears: what you need to complete the fall of Bitcoin?”

  1. Hey, how’s it going?

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    The Jewish people deny Jesus as their Messiah and have stated that their Messiah has been identified and is waiting to be revealed They say this man will rule the world under a one world igion called spiritualism

    They even printed a coin to raise money for the Temple with Donald Trumps face on the front and with king Cyrus'(who built the second Temple) behind him On the back of the coin is an image of the third Temple

    The Bible says this false Messiah who seats himself in the Third Temple will be thee antichrist that will bring about the Great Tribulation, though the Jewish people believe he will bring about world peace It will be a false peace for a period of time You can watch interviews of Jewish Rabbi’s in Israel speaking of these things They have their plans set in place It is only years away!

    More importantly, the power that runs the world wants to put a RFID microchip in our body making us total slaves to them This chip matches perfectly with the Mark of the Beast in the Bible, more specifically Revelation 13:16-18:

    He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name

    Here is wisdom Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666

    Referring to the last days, this could only be speaking of a cashless society, which we have yet to see, but are heading towards Otherwise, we could still buy or sell without the mark amongst others if physical money was still currency RFID microchip implant technology will be the future of a one world cashless society containing digital currency It will be implanted in the right-hand or the forehead, and we cannot buy or sell without it! We must grow strong in Jesus AT ALL COSTS, DO NOT TAKE IT!

    Then a third angel followed them, saying with a loud voice, “If anyone worships the beast and his image, and receives his mark on his forehead or on his hand, he himself shall also drink of the wine of the wrath of God, which is poured out full strength into the cup of His indignation He shall be tormented with fire and brimstone in the presence of the holy angels and in the presence of the Lamb And the smoke of their torment ascends forever and ever; and they have no rest day or night, who worship the beast and his image, and whoever receives the mark of his name ” (Revelation 14:9-11)

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