BTC - not convinced that we have capitulated

30 nov 2019

Here is another stab at BTC capitulation. Two scenarios, either no mercy drop or a bit prolonged one with more traps. Either way I am still expecting some more downside for now. After that sky is the limit.

30 nov 2019

Nota

1 dic 2019

Nota

1 dic 2019

Nota

1 dic 2019

Nota

Food for thought, if this area becomes resistance, BTC is going down fast.

1 dic 2019

Nota

Here we see where we are. Todays weekly close is crucial!

1 dic 2019

Nota

Strong rejection, next 12h are crucial for bulls, still bearish, going according to plan for now

1 dic 2019

Nota

3 dic 2019

Nota

Still on track, we could and would be best if we retest the downtrend line which is right now at $7585 and then head back down... Trend is down until we turn

5 dic 2019

Nota

Insane stop hunt yesterday but was expected although not that hugh to be frank. Still on point, we could break down in next 36h

17 dic 2019

Nota

Sorry wasn't able to update, but plan is the same and still in SHORT.

17 dic 2019

Nota

We could scam wick back to 7200 and crash right after. Careful.

18 dic 2019

Nota

21 dic 2019

Nota

Shorts are low and longs are high, time to trap some longs? Indecision and people are scared to buy and scared to short. Pull the rug and down we go?

21 dic 2019

Nota

21 dic 2019

Nota

This means that even if we pump 8350 could be a harsh reversal and down move is inevitable

22 dic 2019

Nota

Added

2 gen 2020

Nota

Survive this final capitulation drop and we start to enter the bull market

27 gen 2020

Nota

Sorry for not updating

Turns out this was the bottom reversal, although I dont trust this to be THE bottom...

Here is current status, updates in the new thread