I will update this chart if we break out and reach 10k+.
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BTC has fallen back on the trend line :)
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7.8-8K target reached. Next we should bounce up and crash harder.
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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.
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7.8 Target hit. Small bear run next to 7.3-6.9.
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Broke out of 7.3. Next target is 8.8.
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8.8 Failed. Peaked at 7.8. We are falling a lot quicker than I expected.
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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.
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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.
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New bottom target: 5.7-5.5
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5.7K bottom complete. 8.5K top complete. Next 4.8K.
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4.8K complete. I am loading up on btc now and buying the rest @ 3.2K.
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Buy out at 3.2k complete. Hodl time.
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6K+ expected by September.
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Sold my bitcoin which I held from 4800 today when btc spiked to 5100. Buy back sub 4k.
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Sold half my buys @ 3.2k @ 6.5k. Selling the rest and shorting $7020.
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I layered another short at 7400 usd. Closed & Entered another short at 7450.
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Shorted 8400 as well and closed at 6400. Rebought at 6400.
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Short 8750. Close target around 5K.
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Short hit take profit at 7700 and unfortunately did not go lower than 7500.
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Forgot to post updates. Shorted 13500, longed 9.2k, shorted 13k, longed 9.4k, shorted 12k, longed 9.4k, shorted 10.5k.
Currently in a short from 13500 futures contracts waiting for bottom.
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Long target is 6920.
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Entered a long at 6920.
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Longs closed and now I'm short 8129.
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Long 7750.
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Long closed. Short 8250.
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Switched to long @ 8400. Short target expected 9800-10200.
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Increased long position at 8470.
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Closed longs and shorted 10500.
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Long 7700, adding more at 7200.
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Stopped out.
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My last update was deleted by mods because it contained a link to our chat group.
I have purchased bitcoin during the previous crash at $4,000 and moved them to cold storage until 2022. This trade was announced in our chat group during the crash and it is time-stamped.
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Shorting BIG @ $13910. Shorting position = to long position. The goal here is to hedge against my long position from 4K USD. I will exit the short around 9-11k and buy more BTC with the profits!
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Short closed with trailing take profit. Next short around 17-18K.
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Hedge short 9400$.
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Short @ $19,400 is active!
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TP1: 19000 - Done. Moved stop loss to entry.
TP2: 14000
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BTC short closed and alt shorts opened.
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Shorts closed in profit and more trades were made on discord. Currently no open trades aside from holding bitcoin.
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Waiting for 12K to accumulate bitcoin again.
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No longer up to date. All trades are recorded in our Discord channel. The current position is long @ 15.5K & 28K. Holding mainly BTC, ETH, and PundiX.
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.
BitcoinOasis
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@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.
BitcoinOasis
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@jpblakely, Did you book an appointment with a surgeon?
BitcoinOasis
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@jpblakely, Did you sell your kidney? Serious question.
snlee06
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@BarterCapital, doubt it. Probably out learning the "Meta space of Bitcoin" since its not 2014