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crypto_gunther
Mar 16, 2018 5:59 PM

BTC Trades During Market Crash 

Bitcoin / TetherBittrex

Description

This idea is valid if and only if these statements are true:

I. Bitcoin 3.48% is currently in a market crash
II. The price of Bitcoin 3.48% declines in a similar fashion to its rise
III -1.55% . The price returns to $1,100 which is near the previous all time high of $1,175 (2013)

This is not investment advice. In a paper-trade (simulated trading process), you could place the trades outlined on the chart to see how they perform.

Comment

@aidanb,

No, these statements have not been invalidated so far.

Comment

Notice the death cross between the 50 and 200 day weighted moving average:

Comment

@damdamm,

I don't have enough influence to make the market crash. Just check my reputation on trading view and my followers on Twitter. Very few people know that I even exist.

I actually don't want the market to crash. I was in a much better place when BTC was at $20,000. But, as you know, the market does what it wants regardless of what we want.

I'm not spreading FUD but calling it like I see it. As stated many times, I could be wrong in my analysis.

That's a funny comment regarding inverse indicator. I like it.

Thanks for the compliment. I've also put bullish scenarios into the minds of those that click on these posts. I've stated many times that these are posted as experiments and are only ideas. There are plenty of people who post bullish scenarios but it is also wise to consider bearish outcomes for proper risk assessment and capital management.

I'm definitely not a market maker!! The bullish scenarios that I have posted for DGB are still valid with respect to where the price can go in the future but the timing is off. I couldn't have anticipated the crash.

Comment

Let's hope this idea absolutely fails!!
Comments
damdamm
AND TO BE HONEST I SHOULD BE HAPPY THAT YOU DID NOT FIGURE OUT PRICE LIKE $10 FOR BITCOIN.. UFFF.. I WILL SLEEP GOOD.. GOOD NIGHT FLUFFY BEAR ;)
damdamm
IN FACT WHEN WAS BULL YOU WERE TOUTING FOR PRICE GROWING TO THE MOON DGB $10 WHEN BEAR CAME YOU SOLD AND NOW YOU WANT TO BUY 12 000 000 DGB FOR $4000.

BUT MARKET WILL NOT DO WHAT YOU WANT UNLESS YOU ARE MARKET MAKER.

AND IMPACT FOR PEOPLE WHO HAVE PLEASURE TO READ YOU IS VERY SMALL SO MAYBE CHILL OUT MAN.. :)
damdamm
Also you use great rhetoric.. IF AND ONLY IF..

BUT FACT IS THAT YOU PUT THIS SCENARIO TO PEOPLES HEADS :)
damdamm
As I see you WOULD LOVE it to crash.. You are hardcore bearish and you wouldn't if you have opened positions so it is logical you have your own purpose in spreading FEAR UNCERTAINTY AND DOUBTS to make market crash... :) I appreciated your point of view but now I think I will treat you like my Inverse Indicator. I am sorry to be experiencing this on your ideas as I liked your DGB participation.
aidanb
is this already invalidated?
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