BTCUSD may go kaput to $8k (or 5.4???)

30 Oca 2018

At the moment, we're still trading within the symmetrical triangle, but because the lunar new year is still too far away it's hard to see how a rally could start. There're three possible scenarios:

s1: BTC goes kaput from now. This will be very bearish, as we're not even at the apex yet. A drop of 4.5k can be expected ---> target will be 5.4k.

s2: We go to the apex and BTC goes kaput. the long-term trend line could provide strong support. $8 will be the target.

s3: BTC doesn't break down & stays between 11k & 13k until mid-Feb.

btw, if you believe the H&S must be completed, the target will be 5.4k (as the neckline is at 0.5x). I'm starting to think it's really going to 5k. Never felt so real before (even though I wrote it a couple of times).

30 Oca 2018

Not

BTW, I think s2 more likely. 5.4k will be disastrous

30 Oca 2018

Not

bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc

30 Oca 2018

Not

I hope bitfinex will not go belly up

31 Oca 2018

Not

The real problem in this market: Nobody wants to buy BTC b/c alts grow faster, but when BTC is in the red alts go redder.

We need a USD (no 't')-denominated exchange that has no BTC pairs.

31 Oca 2018

Not

small pump tonight to 11k. perhaps as we enter feb, this will be the beginning of double bottom

1 Şub 2018

Not

oho, looks like s1 :'(

haven't sold all my shitcoins yet :(

1 Şub 2018

Not

we've touched 9k. if lucky, this will be the end of the crash.

2 Şub 2018

Not

The last time btc is this oversold was on 11/11/2017.

I expect some good news will come within the week.

6 Şub 2018

Not

so much kaput