BTC - not convinced that we have capitulated

٣٠ نوفمبر ٢٠١٩

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.

٣٠ نوفمبر ٢٠١٩

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١ ديسمبر ٢٠١٩

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١ ديسمبر ٢٠١٩

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١ ديسمبر ٢٠١٩

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

١ ديسمبر ٢٠١٩

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

١ ديسمبر ٢٠١٩

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

١ ديسمبر ٢٠١٩

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٣ ديسمبر ٢٠١٩

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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

٥ ديسمبر ٢٠١٩

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

١٧ ديسمبر ٢٠١٩

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

١٧ ديسمبر ٢٠١٩

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

١٨ ديسمبر ٢٠١٩

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٢١ ديسمبر ٢٠١٩

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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?

٢١ ديسمبر ٢٠١٩

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٢١ ديسمبر ٢٠١٩

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

٢٢ ديسمبر ٢٠١٩

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Added

٢ يناير ٢٠٢٠

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

٢٧ يناير ٢٠٢٠

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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