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Krug
Feb 20, 2018 6:30 PM

+50% crash opportunity - Bitcoin [BTCUSD] Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin ( BTCUSD)

> Look for a breakout of ~$12000
> If there is a breakout with confirmation, then it would be advisable to buy
> If there isn't a breakout, then it is very likely to see another dip
> A crash can happen very strong and fast like after reaching all time high (5 days for -50-40%)
> Current targets can be changed
> Other ideas are still valid

Good luck.

Comment

This would be a very likely scenario. But you should never be too sure.

Comments
ttrending
If BTC crashes, then your other predictions of the alt coins going up 30% or more will be invalidated. These days, everything crashes when Bitcoin crashes.
Krug
@ttrending, This is very possible, but I could imagine that the coins in the Bitcoin value will rise, since they have been moving only sideways for a long time and are looking for an upswing.

However, I would generally recommend anyone to hold coins at a Bitcoin crash but that's everyone's decision. Let's see how it develops.
Krug
@Krug, *I would not recommend
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