Bitcoin
Short

The (awaited) GREAT BTC FREE FALL

Updated
What the hell is happening with Bitfinex? There are 100 BTC sitting on 8200 for about two hours now and the price CAN'T not go under 8200.
100 BTC is about 830k US$ ! Who the fCK put all that money there??
Is that real money or there is a manipulation behind (spoof money)?

I saw that scenario multiple times over the last days: That SAME money can be at 8000, at 8100, at 7900. Whether they put than money, it's IMPOSSIBLE for the price to go lower. NOW it is at 8200, go check it.

People who trade on BETFAIR know well the term of "Weight of Money". Google it to understand it and to see how it influences the reactions of other traders and especially of other bots, pushing the price up again.

I do not know if BTC price will go up or down, because I do not know if that 830k USD in BTC is going to stay there or not. If for example it goes to 8100, then prepare for the price to go at 8100.
THEY know that the market is bearish and they are doing anything to decelerate the fall.


BUT, if one day you see that this money disappeared completely from THE ENTIRE ORDER BOOK, then you should prepare for the (awaited) GREAT BTC FREE FALL.

When that will happen? I do not know, but you were warmed.

(Perhaps, they want to keep BTC price high UNTIL December 10, so that they sell some new Bitcoin shit-products. Perhaps, they have another date in mind. I do not know when. THEY know.)

** Check also this screenshot @ Switzerland 21:00 Friday, 24 November 2017 (CET) so that you have your eyes open : imgur.com/OoFDWZ2
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Seconds after I made my post, ALL of the 830k US$ in BTC that where seating on 8200 miraculously DISAPPEARED letting BTC go down and bounce after 12 minutes.
(I think it was a coincidence).

Check photo here: imgur.com/a/Pvd9c
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This bounce was reflected on other coins, like ETH. It was at 21:55 when BTC returned again at over 8200 provoking an instant -16 US$ for ETH!!
With a -16 US$ on ETH price, Trailing STOPS of short-term traders were activated resulting a sell of ETH and a buy of BTC (leveraging, so, BTC price!) or US$!! [that depends if a trader was trading ETH/BTC or ETH/USD].

Check photo here: imgur.com/a/LYSs4
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ETC replied by breaking the 20 US$ barrier. Keep an eye on ETC just in case of an emerging uptrend.
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BTC price now is at 8261 US$. I just saw that there in no spoof money on 8200. It is on 8100! It’s over 300 BTC sitting there now! That is about 2,5 million US$!!
If the thing does not change in the next hours, prepare for price fall to 8100 US$.

Check photo here: imgur.com/a/eLbX1
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@ Switzerland 00:57 Saturday, 24 November 2017 (CET)
All cryptos are making small rallies and BTC is stuck at 8200. It is like if somebody was paying money to keep BTC just over 8200, ignoring the rest of the market = market investing their money in all cryptos except Bitcoin : BCH, BTG, ETC, ETH, LTC.
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@ Switzerland 01:10 Saturday, 24 November 2017 (CET)
I think there is a battle actually between ETC and ETH and it seems that ETC is doing MUCH better.
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Just a little correction for last 2 comments: it's 25 November, not 24
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@ Switzerland 01:18 Saturday, 25 November 2017 (CET)
In the meanwhile, BTC is struggling between 8000 and 8200 US$ ...
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@ Switzerland 02:43 Saturday, 25 November 2017 (CET)
BTC at 8169.9 US$
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@ Switzerland 21:22 Saturday, 24 November 2017 (CET)
BTC at 8684 US$
Bearish divergence between BTC price and MACD.

snapshot
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Sorry, for previous comment it's 25 November 2017 (CET).
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@ Switzerland 23:01 Saturday, 25 November 2017 (CET)
BTC is stable at 8695 US$.

The only crypto that reacts well for the moment is Santinent (SAN).
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Bitfinex is down?
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I seems that yes:
imgur.com/a/uDpcb

Let's see what follows..
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All indices show an upcoming downtrend for BTC. Be aware.

The following coins responded already very positively : EOS, SAN, BCH, ETH.

If you sort Bitcoin, try to diverse you portfolio by buying not only one coin. Don't forget to add stop limits or trailing stops!


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@ Switzerland 22:17 Sunday, 26 November 2017 (CET)
BTC at 8208 US$
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I think that now BTC reached ATH and it is gradually entering a downtrend.

On November 26, I wrote :
"When the BTC fall begins we have two options:
-Go to other cryptos : BCH, BTG, LTC, ETH, ETC
or
-Go FIAT fore some days (if there is a total panic).

I do not believe in scenario 2. "

What I see now, after observing ALL coins is that when BTC falls, almost every altcoin falls at the same moment. That seems like people sell BTC to buy US$ and not altcoins. So I think that now, we are mostly in the scenario 2.
So I prefer to transform everything in US$ (or euros) for some hours/days, until an altcoin appears making a really strong uptrend.
As almost all altcoins are undervalued now, I will preferably look for coins that have very low price (but not less than 1$).
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Keep an eye on SAN :
Update : Keep an eye on SAN ...
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@ Switzerland 23:17 Saturday, 1 December 2017 (CET)
SAN at 1.72 US$ !!

Update : Keep an eye on SAN ...
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SAN is now at 1.98 and will break soon the 2.0 barrier. The 2.1 level can be a good entry point to put your order.

Enter the SAN train before it is late
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@ Switzerland 14:24 Sunday, 3 December 2017 (CET)
SAN at 2.39 US$ !!
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I hope, you didn't sell your house to buy BTC when it was at 20000 US$ ;)
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After the fall of Bitcoin from 20000$ to 12000$, I think it is time to enter again in the train:
After a 8000$ fall, PREPARE to enter Bitcoin
Trade closed: target reached
As predicted in this post, Bitcoin fell! And it fell a lot!!!
Now I predict that we will have a BIG RISE in the whole Crypto Market!
I am calling this entrance to a NEW CYCLE: "The awaited Bitcoin/Cryptocoins NEW JUMP."
Bitcoin will rise but will not be the king for long. I believe that we will give a NEW crypto KING [perhaps ? the XTRABYTES (XBY) actually at about 0.09 US$ in Cryptopia].

Check my new post here about the NEW JUMP :
The awaited Bitcoin/Cryptocoins NEW JUMP. A new KING to come?
Beyond Technical AnalysisbitfinexBTCBTCUSDmanipulation

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