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phazednb
Dec 7, 2017 10:45 AM

BTC - Short of a lifetime Short

BITFINEX:BTCUSD60
Bitcoin / DollarBitfinex

Description

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Ok so here is a possible situation..

BTC Is being pumped (parabolicly) buy big money investors until the launch of CME futures on the 17th Dec 2017.

This is when they will open a short position on BTC and dump their holdings. FUD will start to spread and panic will set in.

People will panic sell and the price will plummet to around 10k.

*Please note*
This is only a theory and is a high risk trade. If you are a long term holder it may be better to just hodl.

Good luck!

- phazednb

Comment

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Broke trend line, be careful

Comment

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...and we are back to moving up in the middle of the channel.
Expect ATH soon bois!

Comment

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BTC bounced off the bottom of the trend line perfectly

Comment

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Touched top blue box!

Comment

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We have hit our target box! If would like to donate here are my addresses:

BTC: 1GeNMM86wnHtFjWuk4pHHJNtgiw1H4Zr4f
ETH: 0xc739ddb1ff39e10983b284b2302760270bbb1e23
LTC: LXjKGWRXyqvQVLdWnqeHPudQjoCwZtB2Ak

Much love
- phazend

Comment

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Please note: shorting now is highly risky. I am watching the market closely to see what develops. We saw a pull back before the CBOE futures then up movement on launch. We may seem the same here...

Comment

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OK so maybe people did open short positions on CME!

Trade closed: target reached

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Reached my target box level :)
Trend AnalysisshortCMEfutureswallstreet
Comments
robert_mcgrawiii
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I would love another opportunity to buy that low :)
sainorluzong
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wow!! your so damn right! .. how can I follow your posts ?
phazednb
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@sainorluzong, Thanks! :) Follow me on trading view and twitter
webmi
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Right on!!!! I did not short BTC, but when to USDT with all my money,.. little late, but,... Great analysys!
phazednb
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@webmi, Thanks Webmi :)
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