BITCOIN Bulls Are Tired And Need a Break

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Unfortunately my chart got banned yesterday where I made 100 % ROE for all my followers. I hope you were one of the winners - congrats to you :) But because I said how much we have won in my paid group it got banned, so I had to accept that.


The Bulls have been fighting hard recently, but not many hours ago we suddenly dropped hard. Also ETH dropped 10% in no time. Its very important that you have a healthy mindset, and dont panic. Dont let this affect you. Dont chase your losses. Remember that traders who are capable of self control and are patient, are winners. Only 10% are winners, and 90% are losers in the market. If you want to be a winner, you need a healthy mindset!

When too many people starts to believe in the rally we get punished. We know it happens from time to time. Thats how the whales are making money. I will monitor the chart, dont worry. I will help you.


There are 2 different scenarios we should be aware off:

1. The bullish Scenario. Here nothing has changed, we are still in the process of making a minor ABC-correction, AND this is still just the beginning of the 5th wave which eventually will take us above 20k and even 30k USD. We will already go up again after 11,5k.

2. This is the semi-bearish scenario. Here we are STILL part of the the 4th wave, AND right now we are in the process of making the C-wave and we will go lower. The triangle pattern is then just part of the B-wave. The reason why this scenario suddenly is relevant again, is because we dropped a bit lower than good was for Scenario 1.

Dont worry. Even though we most likely will go down now, Bitcoin is STILL very bullish when you look at the bigger picture!

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Comment: BOOM, and we are going down. Bitcoin does what D4 says!

Comment: I just want to show you a Bullish Scenario. A Triangle ABCDE Pattern. But as you can see we need to go up now very soon. If we dont Scenario 2, which is the bearish scenario, becomes more and more likely.

And to the ones who are saying on that we change our mind. The answer is simple. Yes, we will change our mind when we see the price movement change.

Right now we will not participate in the market. We are standing at a crossroads. We will let the other traders make mistakes until we get clarity.

Comment: Notice how we dropped as I said, AND that we hereafter would get a bounceat 11,500 USD, and we are not at a crossroads.

BTC has to choose if we will go for the Bullish scenario or the semi-bearish scenario. The Next 4 hour candle is super important.

Comment: Update is here: BITCOIN at a Crossroads... 30,000 USD or 5,500 USD?

I can't find this as C, because i don't see a clear 5 waves in 1 of C. It doesn't breack the rules, it has 1 bigger than 3 and 3 bigger than 5, but it doesn't look good. I like more the triangle, because i only see ABC in the supposed wave 1 of supposed wave C. I am looking at bitstamp
germanach germanach
@germanach, This looks like a finished ABC correction and a 1,2 wave of 5 near explotion.
this trash charges 1eth per month for garbage signal room. Do not purchase his useless negative ROI signal room. Make your own decisions
+1 Reply
bang guys same thought here, have a look at blx weekly chart ive published on 17 may, now confirmed by the us president;)
Husain_Zabir Husain_Zabir
@Husain_Zabir, this one is more precise
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