BTC - not convinced that we have capitulated

30 Nov 2019

Here is another stab at BTC capitulation. Two scenarios, either no mercy drop or a bit prolonged one with more traps. Either way I am still expecting some more downside for now. After that sky is the limit.

30 Nov 2019

Catatan

1 Des 2019

Catatan

1 Des 2019

Catatan

1 Des 2019

Catatan

Food for thought, if this area becomes resistance, BTC is going down fast.

1 Des 2019

Catatan

Here we see where we are. Todays weekly close is crucial!

1 Des 2019

Catatan

Strong rejection, next 12h are crucial for bulls, still bearish, going according to plan for now

1 Des 2019

Catatan

3 Des 2019

Catatan

Still on track, we could and would be best if we retest the downtrend line which is right now at $7585 and then head back down... Trend is down until we turn

5 Des 2019

Catatan

Insane stop hunt yesterday but was expected although not that hugh to be frank. Still on point, we could break down in next 36h

17 Des 2019

Catatan

Sorry wasn't able to update, but plan is the same and still in SHORT.

17 Des 2019

Catatan

We could scam wick back to 7200 and crash right after. Careful.

18 Des 2019

Catatan

21 Des 2019

Catatan

Shorts are low and longs are high, time to trap some longs? Indecision and people are scared to buy and scared to short. Pull the rug and down we go?

21 Des 2019

Catatan

21 Des 2019

Catatan

This means that even if we pump 8350 could be a harsh reversal and down move is inevitable

22 Des 2019

Catatan

Added

2 Jan 2020

Catatan

Survive this final capitulation drop and we start to enter the bull market

27 Jan 2020

Catatan

Sorry for not updating

Turns out this was the bottom reversal, although I dont trust this to be THE bottom...

Here is current status, updates in the new thread