ElliottWaveBelgium

BITCOIN - Price will fall further, crushing all hopes of Bulls !

Short
BITFINEX:BTCUSD   Bitcoin
All you Bulls out there, get ready to be crushed !
The 5000 level is coming.


Every move higher will be a Bull Trap, don't buy into it !
It's short opportunites !!!


I will start to buy only when the sentiment in the market shifts, when all the huge bulls will start to abandon ship.

If you stay focused and wait for price to fall further before buying, you're going to be rewarded immensly because price will go to 30K minimum and most probably up to 40K (and maybe also up to 60K)!


Trade Setup :

** New Entry : on pullback
** Stop : move 6500 for all previous entries.
** Targets : * First Target Reached!
* Second Target @ 5280
* Third : @ 4440
* Last: @ 3100 !!! (Most important one)




PS : Here you have the longer term view that I published on September and the Sell order in October .






***** Please, like, share and comment if you agree (and disagree) ****

Comment:
Alternative count also suggests price will continue to fall, below 5000!

Trade active:
Target 2 reached !
Comment:
Pullback coming
Comment:
BITCOIN BELOW 5000 for the first time !!!

We are now entering the potential buy zone.
Start looking to close your shorts from now on.

Comment:
Target 3 hit !!!
Comment:
Any hope for the last target ?
Comment:
Updates here :

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t.me/em16public

Thanks !
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