Currently BITCOIN looks like a 3 wave pull back but this can develop into a 5 structure depending on price action today/tomorrow.
Have no idea what that means? Me neither.
So listen to @adriaan_nagel 👇🏻
COULD bitcoin:native LOSE $70K NEXT?
@thelordofentry says if the bearish setup keeps playing out, $70K becomes one of the key levels where he’d look for a reaction.
“73K, 70K, 67K and then paying attention, we get bounces at all of these zones”
👀 IMAGINE SITTING ON A $50M ZCASH SHORT
@thelordofentry reacts to the size of the position and says the real danger starts if Zcash keeps squeezing toward the trader’s liquidation level.
“Zcash just has this magical power to just endlessly pump”
Ft. @TheChartHackers