Bitcoin - Dec 23 Countdown Forecast

Dec 20, 2020

My dates for big moves start tonight...
and then Dec 23rd

It is entirely possible this SUNDAY night (after 10 pm EST USA)
whale bears will drop the price of BTC
why tonight? They chose Sunday night several times in the last 60 days

I drew this chart two days ago when we were still at 23300
23300 is a pivot point, candle had to close on that for 24 hours
The super run on Saturday was caused by a short squeeze on the CME
A record number of shorts were on the CME betting against 23400 BTC

Similar scenario today...
CME now has a record number of bearish shorts
a correction is overdue

However...
Indicators and Sentiment favor a FINAL run to 25k
And lately, Sentiment wins

Sunday night into 8 am Monday is the big hurdle for me
Dec 23-25 is my big movement prediction
And from there you all know I think BTC is going to dive to 17k
This should happen in legs and waves, not a flash crash

I have also updated my support and resistance
some of these numbers I did on my one in REAL TIME
These areas are very reliable for where a price bounces in either direction
Sometimes heavy volume will blow past a R&S line (keep volume and velocity in mind)

Dec 20, 2020

Note

breakout alert.. probably up

Dec 20, 2020

Note

This pattern is a lot like a double bottom. Remember that whales can kill the entire rally.. but this TA suggests we might 'TRY' for a RALLY past 25k.

Dec 20, 2020

Note

Feeling bold on my last call.

this is even a CRAZIER call.. so I am labeling it as a hunch and NOT true TA

Dec 20, 2020

Note

I didn't expect the price to follow my yellow prediction lines exactly..
but so far.. close enough?

Dec 20, 2020

Note

So everything was going according to plan.. UNTIL it wasn't...

Bull run was happening...
oddly at the time I predicted
(predictions and forecasts are NOT the same. TA is a forecast)
- at 4 pm (I predicted 25k run done by 5pm on my chart)
- I was up $ 140 on Litecoin trade (bought, had not sold)
- my manipulation theory was in play
- we hit the next resistance a bit after breaking the ATH

I was tempted to sell when we hit resistance.
Why not? No guarantee we would make it..
But..
but..
but..
I also knew Litecoin would pump double if I held out.

So.. I warned for the last THREE DAYS..
the bearish whales LOVE Sunday and this afternoon, they were watching.
And for those of you new to this.. you just witnessed a WHALE DUMP.

Comically, I got out of my trade with a profit of ...
(wait for it)
(wait for it)
(wait for it)
*sigh* $ 1.92. !!! For the price of Mac Fries Jr!

Extreme corrections usually fall in three sessions.
In the line drop you see this little zigzag marking each stop.
Lately, I have seen it happen in four drops.
This big stop 23,300 may NOT be the final stop.

At the time of publishing this snapshot
We are stopped at the third drop.

I'm not getting back into the game until the smoke clears.

Dec 20, 2020

Note

In spite of how bad the carnage looks
We are still inside a legit 'channel'

The TA shows this.
It also means the bears may have done a controlled dump
and maybe felt things were too heated

Maybe they want an ATH to happen on Dec 23rd or 25th
Or who knows.. when CEOs of huge investment firms are at work

Dec 20, 2020

Note

also.. notice the symmetry of the center graph. Again...
Looks artificial to me.