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Bitcoin. The top.

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Well here we are.

Predictable, obvious Bitcoin.

You cannot outsmart Bitcoin, as it is too stupid to be outsmarted.

Just switch your brain off and make money with your eyes closed.

The news, the hype, the dumb baggy bulls raging, that's all fun, but it does not matter.

Told you this was the only chart you needed. Ok it lasted longer than 3 months. Very boring. Still. Predictable obvious Bitcoin price action, never said the timing was:

The ideal would be the price doing something like this and giving us some time:

Finally... Bitcoin might be easy but it takes so long...

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Ideally I'd wait for that illuminati pos scheme to reach .618 but people overcut always.
We need to convince more dumb bulls to buy.
Act desperate and irrational.
Try checking how Nouriel is.

Pretend you are angry and panicking with your shorts.

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Boring to look at this.
Just going to make a script if close < open then alert.
Also, if close < high - 10% alert. In case it dumps hard. Well no I don't care.

At the first red candle will do something like this:

What if it never drops? Never pullsback? Then I will never trade it for the rest of eternity. Or until I develop a new breakout strategy but I really cannot be bothered.

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Good. Good. Patience. Patience is key. The price retracing to 6200 in a 12345 on H1 will be further confirmation the bear market is deeply in, and and abc up to retest ~7500 with preferably a new high and euphoric bulls celebrating will be the last I need to see.

This correction (the main trend is bearish, ABC=correction not start of bull market) should soon be over. I will enjoy dancing on cocky bull graves.

Patience is key, to make as sure as possible we enter close to the top & have a tight enough stop, because this could also go up to 20k thought I really doubt that.

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This would be perfect

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Trying to see where I could enter if the pyramid scheme stops going up.

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Shorting a little bit, cannot resist.

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Going to give up.
I cannot take the pain anymore.
Going to short if its gets to there, regardless of a slowdown.
Will risk it, odds and RR is too good not to take that.
Simple maths.

Ideally I get at least one of these 3 things. I would enter on almost anything.

Or maybe even just a candle would be enough, a bearish engulfing body on the 2 hour chart, shooting star, in that area literally anything is reason for me to short.

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I noticed the yen was going up in correlation to Bitcoin & btc/jpy volume is not up, while btc/usd volume is up so much (even when ignoring wash trading exchanges).
Thanks for playing.

Also noticed that 20% of the entire world population gamble, and 8 to 10% is in crypto. In India I saw an average investment of 2000$ and korea 6000. So they are not going small. Exponential growth laws show that unless professionals - non gamblers - join, Bitcoin price cannot go further. And since we cannot print more, we cannot burn any, and just running the network is super expensive. AND Bitcoin does not produce anything, I can 100% guarentee that (without Tether obv) Bitcoin CAN NOT keep going. Literally impossible. May go to 25k once every single gambler on the planet joins.

And since it leaks money, it can only slowly decay over time (exponential decay).

We can see a bubble to 20k - or less, then another, lower than the previous, and successive bubbles that do not go higher. The function tends to zero. Only inflation can save it. If BTC decay is slower than inflation it can remain above zero, otherwise, sorry lol.

Also, according to "Bitcoin true believers" Bitcoin had and has to go up because shorts are high.

Here are the numbers NOW:

So I assume the price falls now? According to bitcoin bulls, there should be a long squeeze (they really love that expression that they learned recently and see everywhere and sounds so professional MUH INDICATOR)

The interest is very much to the upside. They all get liquidated very soon and BitconnectCoin drops 5000$ right? They're not going to change their story when it fits them would they? Like a bunch of noobs that will blow up any time now.

Bitcoin trader half life = 2 years.
Alot of them are gone already. In 2 years half of the ones present now will be gone, the survivors will think they are "OG's" that "survived". In 4 years 75% gone, in 6 years 87.5% gone, in 10 years 97% gone.

I am being very nice.

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3 pullback areas:

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Exactly what I was waiting for. "Early" signs the momentum is switching. After bears get wiped out. Always 60 steps ahead. Been preparing this for 6 months.

Now waiting for the sweet 8.x OR can even be 9.xk, to increase my position size.

8600 I start adding more. And then a little bit more above that but not too much, 8600 will probably be the bulk of this trade. Depends how we get there thought.
In an ABC please. Like last times.

I trade BitconnectCoin differently than I trade the rest.
Don't all in this ponzi.

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All the probable possibilities.

The interesting ones to look at are the blue & green thick lines.

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Good, good. These dumb bulls are going exactly where I want them. About to be turned into delicious steaks. Every thing is going according to my plan.

Get ready to execute order 66.

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We are very close.

BTC - Looking for Opportunities as the CME Futures Start Trading

Bitcoin - Buy the Dip and Put it Away, the Path is Clear to 24k.

For those that don't know this guy he was also bearish at 5k this year waiting for a big pullback, just before the explosion, and bearish in late 2018 just before the explosion. he missed both.

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Only a few days left...
Be ready...

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I am so not getting filled at 8600.
This is why you always FOMO early, at least a bit, with BitconnectCoin.
Kinda want to add a bit now just so I don't miss out :D
RR is still fine.

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If I dealt with Bitconnect coin like with futures I would have shorted at 8350 but... Idk it's a ponzi and there is just not enough historical price action to really know how it moves.
And most of the price action was during a super quantitative easing free money super canon period so that's not even worth much, most of the future won't be like this, no way.

BitconnectCoin is not that great as a money making tool apart from buying bottoms twice a year.

Its value is in studying bubbles, watching how the herd that gets trapped in it behaves, and witnessing the greatest ponzi humankind has ever produced.

By the way we are going to the moon, and I mean the actual moon.

Time for crypto cultists to get out of their bubbles and start living again.
Lots of way more interesting things than gambling on a ponzi and being obsessed with it. (For me one I am not obsessed with it two it is my job)

Maybe we can try a crypto up there lol.

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Too lazy to cycle my watchlist so I am making potential counts on BitconnectCoin.
If 8400 was the top - which is very possible but I will wait a few days first if I am to move my 8600 short order down - then this would make alot of sense: