Short

DO THE OPPOSITE AND STAY REALISTIC

Updated

To all optimists, here you have your strong support areas you always talk about.
A reason for you to remain bullish, even though we are in a clear bear market.
But hey ... we've been down about 60% since @ 20000 so far. Why should we drop even more?
This is the crypto market. A new technology that will change our time.
So you should open a few long positions, somewhere we will definitely bounce off - right?

To all the realists among us: do the opposite and stay realistic:

FINAL CRASH OF BITCOIN - PERSONAL TARGET @2000

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And here we are @7800 - nice to meet you.

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I think some people didn't get it, this chart is sarcasm. I am still bearish.

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Look at this beauty:
1. Divergence
2. Broke trendline
3. Correction for confirmation of downtrend
4. Broke trendline of correction
And all that after identifying the pattern. That's pure chart trading. Combine this with market psychology and you are the king:

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Wow... $7,800, the magical number where everyone was expecting a bounce, held very good.

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Result:

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I just want to remind you to this comment which had +3 likes:

''you're just trolling now lol. Or you're on drugs.
'whole market could crash at any minute'?

You smoke way too much weed mate. haha.''

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He is absolutely right.

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And here we are @7500 - nice to meet you.

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Should correct here to bring people later to FOMO BUY.
Most people will think that we will reverse back here.
I'll keep you posted as soon as the fun continues. Should not rise more than $300-400.

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Wow.. like I said people are getting even more bullish after that drop because they expect a bounce at these levels.
Long positions are increasing like my smile during that time.
The drop could continue every moment to kill them :-).

Everyone is silent now.

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First, many say that good news are coming and there is no reason why Bitcoin should drop. Now, everyone says the drop is due to the bad news.
Can you decide? There is no point in looking for a reason. If everyone expects Lambos and says that Bitcoin 2020 will be over $100,000, then the market needs to be corrected. Most of you should wake up. This is how every market work...

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We are going to break $7,200.

E557

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