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faylee
Dec 1, 2017 4:07 PM

BTCUSD*** Topping soon Short

Bitcoin / U.S. dollarBitstamp

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5 years' bull cycle, from $2 to $11.4 k was enough.
Imo, next 2-3 years' will be bearish.

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around Dec 4 is on the 240 angle degree, the opposite side of Jan 12,2015.

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Update: Revised the date is Dec 13 instead of Dec 4.

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go go go

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short term tg 11.8k reached, but the bear looks more powerful than i thought. today is the winter solstice, bears cheers,good luck n take care!

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retracement done, go go go

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last year end movement for btcusd vs xauusd

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Talking about the Fundamentals:
Behind an Inconspicuous news is a great opportunity to make a fortune.
But they needs to be connected by logic.

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lol, hope it won't happen but i'm ready for it:)

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BTCUSD short term still swing, daily chart wave b possible done, is wave c going to start?

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Seller came in, reverse trending soon...
Good luck & take care, go, go,go

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daily chart reversal bearish candle in place

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short term target reached perfectly, will swing and the correction will take a few hours.

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As just replied at 14:56 BJT today, "The bubble was made of news, and will burst by bad news."
While 15:24 BJT, the bad news came, "Mr.Pan, the vice President of China Central Bank suggested to stop cryptocurrencies trading."
Now Wave (3) hit our target $11.13 directly, that means the bears are more powerful than our conservative calculation for short term. Wave (5) could go more dip.

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Retracement likely compeleted, hit our fibo target n added short.

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mid-term target reached! but still bearish treding

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Today resistance:$9534, or, $10576

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Tp2 $7160 reached, still in bearish tone

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Tp2 reached perfectly heading tp3, go go go

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hit fibo target $5958 perfectly, now bounce for wave 4

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Trade active

shorted

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BTCG8 / 8720 / BJT19:51:51

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Comments
vaskojovanov
2-3 years bearish?
Most outrages thing I have heard about bitcoin.
Vladis555
It will be bullish you'll see)
altcoiner9
You advocated for SHORT on Nov 23rd, and it's since gone up almost 25% ... Terrible advice IMHO. It may fall eventually, but calling shorts prematurely could lose a lot of money.
webmonkey
Not sure I agree with you on this. Short? CME has just been announced as 18th Dec.
Dkhal
Hi Fay, could we please get an update?
josephtse
Hi Fay, how high does wave 4 go? 9500? 10,000? When to open new shorts for start of wave 5, and where does wave 5 start?
geleone
What are your forecasts for the next steps, Faylee?
geleone
@geleone, Thank you for updates.
Roncriss
Your Analysis are awesome ....
learningtotrade
Is it time to buy?
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