Change of perspective: Maybe Bitcoin is dying

Change of perspective: Maybe Bitcoin is dying

Bitcoin / Dollar BITSTAMP:BTCUSD


My probability estimate for the south is 51% on a 12H to 8H time frame. My estimate is based on my own analysis and perspective.

I changed my mind based on new evidence and what I think is a more robust perspective.

It would be great to hear other perspectives. That’s how we learn. Share and learn. I’m not here to be right or to make predictions etc.

I urge all traders not to be influenced just by my perspective. You must plan your trades and trade your plans according to your own methodology.

For more of a write up see here.