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Lionheart-EWA
Jul 19, 2018 2:08 PM

BTC/USD - The Bull Trap and the last sell-off 

Bitcoin / U.S. dollarBitstamp

Description

Remember what happened with BTCUSD when the VIX spiked in early Feb?

Ha!

* See the VIX analysis in related ideas or visit my profile.

My buy levels for BTCUSD:
- $4800
- $3500
- $2800

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Time to push some buttons and upset the rookies.

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Did you fall for the bull trap or were you paying attention to what I said?



One more correction and we should be on our way down for the last big time.

Then it will be time to go crypto-shopping.

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If you keep on buying it, you will suffer.



BTC will go up when I will tell you.

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Still a SELL:

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Ladies and Gents, we have ourselves a bearish breach.

So glad I exchanged two days ago.

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Comments
IlyaVasilenko
I like your Analytics. What are the ideas for bitcoin now ? It seems to me that now formed a wave 4 and then 5. Could you update your bitcoin ?
DomNett
Thank you!
DomNett
Hello, what are your ideas on BTC now. Thank you!
Lionheart-EWA
@DomNett, There could be one more drop possible in this structure.
However, I am pleased to say that the analysis was good, even though many traders here started trolling on me when I started mentioning $3500. LOL
Posted the update.
DomNett
@Lionheart-EWA,perhaps BTC will go down until XPR falls to the target of 0.20
RGBEE
Still following this idea...
Let's see it come to fruition.
10 month bear market still has nothing on the 3 year bull run. This drop will take more time.
Lionheart-EWA
@ArjieB, Maybe not that long, as BTC moved so far with DOW, because of the VIX spike
RGBEE
@Lionheart-EWA, interesting theory on VIX being inversely proportional to BTC. I'll keep an eye on it. Thanks.
Lionheart-EWA
@ArjieB, Were you paying attention?
RGBEE
@Lionheart-EWA, sure was. Looking to be on track.
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