Predictable, obvious, Bitcoin.

Updated

Boring. I just want to wake up from the simulation.
No challenge, extremely predictable Bit-con going to follow 1 of these 2 lines 100% sure.
There is no "too obvious" in this simulation.
Struggling apes that cannot figure our crap that obvious calling themselves "legends" the "master of charts", nice touch :'D.

Sorry I cannot take this seriously, going to keep posting troll charts troll calls and make fun of cryptoers for the next few months.
All anyone needs is here. I could give away every secret and they would keep working for 500 years. Seems legit.

Nothing more to add. Bad game too easy. I like easy though. Good game easy noobs.

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Stubborn shorts. Path 2 it is then...

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Was backtesting and stumbled upon this:

The reason why I thought Bitcoin would fall fast is the same reason why (dumb) money is convinced the bottom is in all the time. I ma not insulting anyone, they are technically stupid.
It has all been explained by David Dunning and Justin Kruger, they are my favorite psychologists. We see this over and over "I lost because of my teammates" "I should be so much more successful".

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Figured it out: I want to get out or use a tight trailing stop at 4800-5300$
If BTC gets all the way up to 5800$ SHORT IT TO THE GROUND, stop loss maybe 7500 would be amzed if it got that far XD

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Bitcoin heavy

Denial bounce was stronger in 2014. Well the start of it.

Is it going to take 3 months+ to get to capitulation?
Do not trade Bitcoin except when it finally crashes. Waste of time.
Go look at Forex Stocks Commodities.
Even Corn has a trading volume of 2 Billion on CME, Soybeans 5 Billion, Coffee 600 million on ICE ...
Anything with a volume of at least 100 million is smooth and TA works well.

Let's compare.

I made the move back in April I think? I have been advising people to quit crypto since then, if someone is still married to it you're doing something wrong.
Crypto still has some interesting trades, like twice a year lmao.
I waited 8 month EIGHT MONTHS to buy BTC at 3k and finally I did not, forgot, got bored... Maybe I am not well organised enough, but this is just crap...

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Every single crypto that was listed on Binance only or Poloniex only or both or any of those got pumped.
Every single one.
Tron was on Binance only btw.
Cannot remember for sure but I think I saw it being a pump and dump.
Tron, the precious "super coin wow such gains it is the future you just do not understand the fundamentals do your research".
Sounds stupid by itself, but it gets 10 times worse when you actually saw the pump happen live.

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Week just opened, and BTC pumping!

Last ones...:

Pretty sure we go up next few days but we will see.

Stubborn shorts gunna get shrekt again.
When they are down at 20.000 something like this when we countertrend traders shall open shorts, and we will have a 20.000 strong army to fuel our conquest!

To victory!

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tldr:
*IF it can go up now, pass maybe 4400.
Will close long at 5800.
Maybe tops at 5990? :D

Short in that area near guarenteed win (5900-6300 area)

Trade closed manually

No idea if Bit-con will go higher than 4000, I know how important technical analysis is with this joke asset. Going to treat Bitscam as Forex or stocks I do not want to gamble on it anymore XD

Will take a one direction large bet it it goes up past 5500 (short) or sub 2000.

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There is also this hidden divergence in a downtrend

Can't tell where randomness takes it now.
It is stupid to trade it when there is no clear indication, just use a trailing SL or whatever.
Making money is easy almost anyone can do it afaik, and most people that fail are those married to an asset and/or that overtrade generally. Afaik.

I hope BTC does not take too long to make its move, to satisfy my curiosity :)

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OH MY GOSH I DODGED A BULLET HERE :D

This is possible too. Counts as Path 1.

Shorts dropped by 1/4 maybe that was enough?

I prefer path 2 I get to short but Bitcoin is not always nice with me.
Wait and see. Going to laugh at the face of anyone that called a bottom regardless.

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Imagine you are a crypto "investor" that thought he was a master mind, and later you assist the judgement of the people that scammed you, and lawyers start cracking up and cannot cover their laugh as the case is presented.

This is what happened to SunEdison investors I just found out, and this is what will happen to crypto investors, in particular those that sold their houses to buy virtual currencies. Mama mia!

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Next 1 year or 2

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And for the longer term, because Bitcoin is easy.

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Path 2 splits into 2 paths again.
The only chart you need for the next ?1 year?

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Can't be bothered posting on my chart full of ragers.

So I see 3 possible counts. In either cases I should win if I get filled.

1- This is ABC

If SL, next area to short will be the big 12k...

2- 5 impulse wave complete

3- We are at wave 3

Zooming in and watching how this pullback plays out, entering if it plays out the way it should, pretty early (1-3 more weeks to go):

Comparing to Bitcoin past:

Target ideally and if Arthur does not run away with our BTC AND if funding does not get ridiculous (thought we might be able to swap to another broker).

I'm just going to end up both long and short BTC and get free money thought funding.
Why not?

MrRenev

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