Bitcoin
Short

Bye Bye, Bitcoin.

Zaktualizowano
A DEATH CYPHER (Bearish Gartley) formation has appeared. There is nothing Bitcoin can do about it, and it's going to it down to hell. But don't panic, if you're invested in Alt-coins, like Ethereum, Litecoin, Ripple, BitShares and Stellar, there is nothing to worry about. If you are not, good luck. You may need it. This baby is going to hell faster than you can imagine. It will come back, as it always does, but this time BTC will have real competitors from other Blockchains, something I actually consider to be good.

TP: 825 USD at least, although it could go lower.

If you want to know the run-up setup for getting to this DEATH CYPHER, please check out my other post. I thought we were going to heaven, but then I saw a FIB DAEMON who changed my mind. I got out before this bull trap popped. Maybe not at the top, but I know I won't be at a loss.

Bitcoin Bullish by Brexit


Good luck!

Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine! I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
Zlecenie aktywne
Pivot line confirmed. We're going down now.

snapshot

Bear flag. Seems ready to keep dumping!
Zlecenie aktywne
To be more precise:

snapshot
Zlecenie aktywne
It could actually be a Head & Shoulders formation.

snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
Bitcoin about to dump!

snapshot
Zlecenie aktywne
Didn't dump, but this is a better setup:

snapshot
Zlecenie aktywne
Final update about this chart:

snapshot

Reasons why Bitcoin is about to go down BIG time.

- Three bearish cyphers in fractal positions.
- 222 bars for this pattern to go. Middle of the pattern is 111 as you can see in the chart. The middle is also where the FIB bottom is located at.
- We just touched the upper historic resistance.
- Chaplin Cypher feels sorry for all the noobs who keep thinking we're going up.

Good luck!
Zlecenie aktywne
Added some FIB circles to the first two fractals.

snapshot
Zlecenie aktywne
Oh no! A stick Illuminati figure has appeared! Poor Bitcoin!

snapshot
Zlecenie aktywne
Oh no! Bitcoin bulls are getting hammered big time!

snapshot

Poor Bitcoin!
Zlecenie aktywne
Ouch! It's getting pounded hard. Damn!

snapshot
Zlecenie aktywne
They just went super sayan!

snapshot
Zlecenie aktywne
Bearish cypher is winning, and he likes it.

snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
Hmmm... this is starting to look more and more familiar... the colours... the star... who could it be?

snapshot
Zlecenie aktywne
Check out the numbers for clues. 444 - 888. Sounds like the far east. Asia...
Zlecenie aktywne
Warmer...

snapshot
Zlecenie aktywne
Oh so BTC is trying to go up? This guys have brought some reinforcements.

snapshot
Zlecenie aktywne
Communist jets are approaching:

snapshot
Zlecenie aktywne
Communist fighter jets have started to bomb Bitcoin! NO!

snapshot
Zlecenie aktywne
Bombs are approaching its target:

snapshot
Zlecenie aktywne
Communist bombs are about to hit the target!

snapshot
Zlecenie aktywne
Bombs hit the target... Bitcoin seems to be fine though...

snapshot
Zlecenie aktywne
Seems like Bitcoin is weakening. Some Litecoin fighter jets are now hovering it. What's the plan now?

snapshot
Zlecenie aktywne
Litecoin fighter jets are starting to drop SegWit bombs on Bitcoin.

snapshot
Zlecenie aktywne
SegWit bombs are about to hit their target

snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
Target hit

snapshot
Zlecenie aktywne
It's super effective!

snapshot
Zlecenie aktywne
Oh, bulls want a new attempt! How cute!

snapshot
Zlecenie aktywne
Too many red dojis. The end is near.

snapshot
Zlecenie aktywne
Seems like those SegWit bombs really had an impact on Bitcoin.

snapshot
Zlecenie aktywne
The monster has one last chance against Bitcoin. The BFX missile is getting ready to launch:

snapshot
Uwaga
Set.

snapshot
Zlecenie aktywne
Launch.

snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
A critical hit! It's super effective!

snapshot
Zlecenie aktywne
Now that Bitcoin is going down, the monster has laid a very nice rainbow carpet for it.

snapshot
Zlecenie aktywne
Added more FIB dimensions.

The monster also became Bitdel Castro.

snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
Relájate and enjoy the ride down my friend.

First target seems to be at 1100.

snapshot
Zlecenie aktywne
He seems to be getting ready.

snapshot
Zlecenie aktywne
Bitel is just waiting for the collapse. Not much going on though.

snapshot
Zlecenie aktywne
Zooming in, Bitcoin likes riding the rollercoaster, but it looks like this trip is about to take it to a lower level...

snapshot
Zlecenie aktywne
That's what I call a DUMP. Bitcoin is just continuing with the ride!

snapshot
Zlecenie aktywne
Let the geometrical rollercoaster continue.

snapshot
Zlecenie aktywne
Possible contracting pennant formation on BTC.

snapshot
Zlecenie aktywne
A dragon has kidnapped Bitcoin. Will it take it to a safe place or just dump it?

snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
Bitagon.

snapshot
Zlecenie aktywne
Bitagon, where will you take Bitcoin now?

snapshot
Zlecenie aktywne
snapshot
Zlecenie aktywne
snapshot
Uwaga
There is an ascending channel that could break down at any moment.
Zlecenie aktywne
This trade will continue in the following threads:

Animated version:
2017: A Moon Odyssey - Pt. 1


Technical Analysis:
Ride the Bitcoin Rollercoaster - Pt. 1
Bitcoin (Cryptocurrency)BTCBTCCNYBTCJPYBTCUSDETHBTCETHUSDETHUSDTLTCBTCxbteur

Follow the journey of BTC & ZEC:

Art & Coins Feed
t.me/ArtCoinsFeed

Powiązane publikacje

Wyłączenie odpowiedzialności