BTC | Wave B has reached | Look for a new bottom - $1,000

Short

Bitcoin Liquid Index (BNC:BLX)

Updated

BNC:BLX Bitcoin Liquid Index

Wave Analysis

waveanalysis

As a trader we all know that our profit is about risk control. Here is my worst-case scenario in few months coming. I hope this is not going to happen, but if it is, then I will know what to do.

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BTC | The whole picture in the year 2019

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BTC | This is how BTC gets to 200K in future

Trade active

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Wave 3 just gets started.

BTC | $5,500

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BTC bubble in 2013. Intersection of a vertical line at the top and a green line (MA 50). Draw the horizontal line from this intersection, it was a bottom.

snapshot

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Another BTC bubble in 2013. Intersection of the top and MA 150. Bottom was 190-ish

snapshot

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BTC bubble 2017. Intersection of the top and MA 600. Bottom may be $2.3K

snapshot

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snapshot

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Wave 2 is not finished yet.
Looking forward to a huge drop in October, 2019.

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BTC | May see a new bottom in 2020

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BTC | Setup target 9.4K

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So far so good.

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BTC | The bottoms

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Crypto Total Market Cap || Crash flash again???

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BTC | Is it time to say goodbye 10K???

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BTC | Head and Shoulders | $1.5K

Related Ideas

about BLX 6

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