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BitcoinOasis
2 de Mai de 2018 20:35

BTC long term bear prediction.  Viés de baixa

Bitcoin / DollarBitfinex

Descrição

6-3K end of this year with 3-4K low.

Comentário

I will update this chart if we break out and reach 10k+.

Trade ativo

BTC has fallen back on the trend line :)

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7.8-8K target reached. Next we should bounce up and crash harder.

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There was a nice bounce at 8K to 8.6K. We have reached our second target around 7K. Next is a bounce to around 7.8K followed by a bear run.

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7.8 Target hit. Small bear run next to 7.3-6.9.

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Broke out of 7.3. Next target is 8.8.

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8.8 Failed. Peaked at 7.8. We are falling a lot quicker than I expected.

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I called a short from 7.8 and covered our recent crash in my most recent prediction. 8.8 target failed but I was short @ 7750 anyway.

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We fell to 6.1K and sideways around 6.2-6.6. Currently the price is 6.8K. We could see a rise up to 7.2K. Bottom target is 5.8K before bull run.

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New bottom target: 5.7-5.5

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5.7K bottom complete. 8.5K top complete. Next 4.8K.

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4.8K complete. I am loading up on btc now and buying the rest @ 3.2K.

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Buy out at 3.2k complete. Hodl time.

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6K+ expected by September.

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Sold my bitcoin which I held from 4800 today when btc spiked to 5100. Buy back sub 4k.

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Sold half my buys @ 3.2k @ 6.5k. Selling the rest and shorting $7020.

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I layered another short at 7400 usd. Closed & Entered another short at 7450.

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Shorted 8400 as well and closed at 6400. Rebought at 6400.

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Short 8750. Close target around 5K.

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Short hit take profit at 7700 and unfortunately did not go lower than 7500.

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Forgot to post updates. Shorted 13500, longed 9.2k, shorted 13k, longed 9.4k, shorted 12k, longed 9.4k, shorted 10.5k.

Currently in a short from 13500 futures contracts waiting for bottom.

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Long target is 6920.

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Entered a long at 6920.

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Longs closed and now I'm short 8129.

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Long 7750.

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Long closed. Short 8250.

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Switched to long @ 8400. Short target expected 9800-10200.

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Increased long position at 8470.

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Closed longs and shorted 10500.

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Long 7700, adding more at 7200.

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Stopped out.

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My last update was deleted by mods because it contained a link to our chat group.

I have purchased bitcoin during the previous crash at $4,000 and moved them to cold storage until 2022. This trade was announced in our chat group during the crash and it is time-stamped.

Comentário

Shorting BIG @ $13910. Shorting position = to long position. The goal here is to hedge against my long position from 4K USD. I will exit the short around 9-11k and buy more BTC with the profits!

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Short closed with trailing take profit. Next short around 17-18K.

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Hedge short 9400$.

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Short @ $19,400 is active!

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TP1: 19000 - Done. Moved stop loss to entry.

TP2: 14000

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BTC short closed and alt shorts opened.

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Shorts closed in profit and more trades were made on discord. Currently no open trades aside from holding bitcoin.

Comentário

Waiting for 12K to accumulate bitcoin again.

Trade ativo

No longer up to date. All trades are recorded in our Discord channel. The current position is long @ 15.5K & 28K. Holding mainly BTC, ETH, and PundiX.
Comentários
MMF22R
This was incredible!
SAS_AC
target ?
erfrerd
Are you still expecting a bull run from 5.7-5.5? will the bulls reach 8k or even 10k?
erfrerd
@erfrerd, wow you have crystal ball
BitcoinOasis
@erfrerd, Cheers!
jpblakely
Appreciate you taking the time to share this, but I've been buying the Honey Badger since 2012, Me and most people I know will cut out our Kidneys and sell them to buy more BTC if it falls below 5K . Not many people say that about their Tesla or Facebook stock. I would suggest put away the charts for one day and learn the Meta space of Bitcoin, this is not 2014.
BitcoinOasis
@jpblakely, No offence but if you have to sell a kidney to buy more btc, you don't have much buying power to prevent a price drop.
BitcoinOasis
@jpblakely, Did you book an appointment with a surgeon?
BitcoinOasis
@jpblakely, Did you sell your kidney? Serious question.
snlee06
@BarterCapital, doubt it. Probably out learning the "Meta space of Bitcoin" since its not 2014
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