BTC long term bear prediction.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
6-3K end of this year with 3-4K low.
Comment: I will update this chart if we break out and reach 10k+.
Trade active: BTC has fallen back on the trend line :)
Comment: 7.8-8K target reached. Next we should bounce up and crash harder.
Comment: There was a nice bounce at 8K to 8.6K. We have reached our second target around 7K. Next is a bounce to around 7.8K followed by a bear run.
Comment: 7.8 Target hit. Small bear run next to 7.3-6.9.
Comment: Broke out of 7.3. Next target is 8.8.
Comment: 8.8 Failed. Peaked at 7.8. We are falling a lot quicker than I expected.
Comment: I called a short from 7.8 and covered our recent crash in my most recent prediction. 8.8 target failed but I was short @ 7750 anyway.

Comment: We fell to 6.1K and sideways around 6.2-6.6. Currently the price is 6.8K. We could see a rise up to 7.2K. Bottom target is 5.8K before bull run.
Comment: New bottom target: 5.7-5.5
Comment: 5.7K bottom complete. 8.5K top complete. Next 4.8K.
Comment: 4.8K complete. I am loading up on btc now and buying the rest @ 3.2K.
Comment: Buy out at 3.2k complete. Hodl time.
Comment: 6K+ expected by September.
Comment: Sold my bitcoin which I held from 4800 today when btc spiked to 5100. Buy back sub 4k.

Related Ideas

Are you still expecting a bull run from 5.7-5.5? will the bulls reach 8k or even 10k?
+1 Reply
erfrerd erfrerd
@erfrerd, wow you have crystal ball
@erfrerd, Cheers!
@jpblakely I can not wait till June 30th cause if you haven't cut out your kidney when Bitcoin is >$5k sleep with one eye open buddy cause I'm always looking for ways to increase my BTC hodl and take pleasure in teaching decor and dignity to know it all pigs that hide behind their keyboard and pick on others with rude sadistic behaviour . While you cower behind your computer, Here is something to think about, a thought to fulfill your life. There is only 1 thing on earth that is yours that can make you feel whole, human and worth anything...... 1 thing that is true to man, 1 thing no one can touch, manipulate or change for you. That is your word, for what is a man who doesn't have his word.
Appreciate you taking the time to share this, but I've been buying the Honey Badger since 2012, Me and most people I know will cut out our Kidneys and sell them to buy more BTC if it falls below 5K . Not many people say that about their Tesla or Facebook stock. I would suggest put away the charts for one day and learn the Meta space of Bitcoin, this is not 2014.
+1 Reply
BarterCapital jpblakely
@jpblakely, No offence but if you have to sell a kidney to buy more btc, you don't have much buying power to prevent a price drop.
+3 Reply
BarterCapital jpblakely
@jpblakely, Did you book an appointment with a surgeon?
BarterCapital jpblakely
@jpblakely, Did you sell your kidney? Serious question.
snlee06 BarterCapital
@BarterCapital, doubt it. Probably out learning the "Meta space of Bitcoin" since its not 2014
Tether has a 2 billion market cap! This market is over 456 billion! It will be only a bad week day if it’s true!
It will be a great time to buy!

I think your a short Trader, spreading fear!
+1 Reply
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