botje11
Short

Bitcoin crash, Picture speaks for it self

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I said i would not post anything untill i get enough appreciation through likes/views/followers, but here is another gift. I am keeping it very short this time, the picture speaks for it self. I could explain the complete story about all those facts, but maybe it's a good moment for you guys to find it out yourself and discuss it with each others. Maybe i will give you the answers. For new readers, look up my previous posts, it's almost a book to read! The price action that has happened lately, now i don't even need to use TA anymore to predict what the market wants to do. The whales are showing the way (this is the only clue i will give). Good luck :)
Comment: One more
Comment: This one is more clearer
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Comment: :)
Comment: 812 views, pathetic, people rather still watch people saying MOON HODL 500% up Bitcoin 100K. Good luck guys, no more updates for now
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Comment: Oke guys, here is an update. Like we have seen clearly, after a massive dump, always 80/90% chance we see a follow through. The last drop towards the 9050 was also a big and fast dump, and we have clearly broken the 9400 support level, where it has difficulty with getting above again while making this (most probably) another bear flag. So far this primary chart has been pretty accurate. Of course we wont see a 100% identical price action, but because we have broken the 9400 support, even the amateur trader is shitting his pants right now, because of how fast the drops are going, but probably a bigger factor, is the big inverse H&S everyone was waiting for, the breakout of the long term downtrend which again was a bull trap.
I think even the long term investors will start to loose faith, if we are going to drop even further. I think a break of the 8000, will probably be devastating, at least for the medium term.
For now, it's hanging to long at the low and below the 9400, so big chance we will make another 500+ point drop soon. Unless it is able to push though the 9400/9500, then it will take much longer. I have already closed some of my short position, and i will close more if we break the 9500.

Comment: :)
Comment: Almost there
A chance i will turn long for the short squeeze
Comment: I just went short at 9135, to be clear, this is a separate trade from my other position. It's own stop and target. Stop only 70 points above it
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https://t.me/botje11
Could we have this:
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@hkh222, I think we have our answer now :) i thought it would go up, did not trade on it. Hope it will go even higher, so i can short it again at higher prices
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quit whining about likes/followers and EARN them
i am not following you because you sound like a lil btch
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botje11 erikjanssen
@erikjanssen, A fellow dutchman :) best people in the world, thank you
+1 Reply
cmschlch botje11
@botje11, hahaha....great ;-)
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You called the crash earlier than most nice work Botje
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@Lyptus, Yes i did :) if i would have had more viewers, maybe the crash would be even bigger :) LOL
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Lyptus botje11
@botje11, If you keep making the right calls viewers will come naturally. Don't worry about it too much.
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It's breaking every support it finds on its way down, like you said sells off stable pricing. Consolidation-break-out pattern all the way down
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botje11 yusef0526
@yusef0526, yeah that's it, big chance we will see another big crash this week. This is not a correction, this is dumping again, just like a month ago
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