BREAKING: HERE WE GO Boys and Girls - One of the ONLY PEOPLE CALLING FOR THIS

in #crypto • 6 years ago


joker.jpg

Courtesy of https://www.pinterest.com/pin/439593613611226104/

And Here...We...Go...

I have been adamant about my call since early April that we were going to go to the February Lows. In fact I am one of the ONLY people on Steemit calling for 2018 to be a Crypto Bear and we ARE NOT done going lower.

everything on the Crypto and Bitcoin trending page has just been a bull orgy, looking for support calling breakouts, a bunch of non sense really as to what the chart is actually saying. There are multiple reasons why the price action HAS NOT BEEN BULLISH over the past couple months.

  1. The fact that Bitcoin did not even bounce to test 12000 is very underwhelming and why these Feb lows are likely to be tested in 48 hours

btc12k.png

  1. All I see are LOWER HIGHS. Looking for a puke lower. I am literally running out of time warning people as I type this.

lowerhighs.png

  1. The fact that the US stock market ripped to all time highs, see IWM, and crypto lagged largely when the entire bull run it was front running US stocks by a month or so is not bullish.

  2. The fact that it is under the 200 day MA which it held the WHOLE BULL RUN is not bullish (by the way that is usually a spot of institutional support).

btc200.png

I am one of the ONLY ones looking for the CRYPTO PUKE here and looking for SENTIMENT to shift MAJORLY BEARISH to put in the MAJOR LOW.

HODL STRONG FELLAS. It's gonna get STORMY in CRYPTOVILLE soon.

This puke has to happen to line up with my crypto and commodity rally thesis as well.

#cryptocurrency #bitcoin #investors-group #steemsilvergold
6 years ago in #crypto by
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     6 years ago 

    of course upvoted! we're on the same page..see mine up just an hour ago..I said if you recall at 9750 SELL..(the buy at 6900)..Sentiment alarmingly not even neutral..GOOD JOB my friend...We will know "the bottom of this"..I'm just not falling a #..(watch oil, and soon silver)

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       6 years ago 

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         6 years ago 

        Very interesting and clear analysis. I too would not be surprised to see a major puke before the start of the next MonsterTruck!

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