The_Hungry_Bear

The_Hungry_Bear

Even during the crash of '29, there was a market rally for 5 months before the inevitable 2 year decline and several more years of pain afterwards. It is interesting to see over the past several months of the market being propped up by stimulus checks and Trillions of infusion. Problem will be once things start accelerating quickly, people are going to get...

The_Hungry_Bear

Plunge to 1000 still inbound.

The_Hungry_Bear

No faith in the cat this week!! We dead cat bounced and now on our way to 1000.

The_Hungry_Bear

Dead Cat Bounce and more PAIN incoming.

The_Hungry_Bear

X Mark's The Spot 1900 Crash 'N Burn Will we bounce dead cat bounce? Then continue the Pain to 1000?

The_Hungry_Bear

Published on Nov 10 2018: " This market is unsustainable. Just look at how far we deviated from the natural upward trend line . Look at RSI and monitor the 44 level. If we touch or break below, watch out, this going to be a crash of epic proportion. If we use the 2009 crash trend line we should have a full correction by 2020. "

The_Hungry_Bear

PUBLISHED FEB 2 - Note once things start accelerating there is possible daily drops of 500 or even a thousand. First test 3100, then 2700. Afterwards all bets are off. We are going to retest the 1989 line at a 1000. This will be one for the history books. Ironic that everyone is now focusing on the 1987 crash and trendline. Of course you knew this a month...

The_Hungry_Bear

On 3/8, predicted that the powers at be will invoke a Golden Line to prevent further drop. Given the brutal trading day yesterday, Trump has now vowed tax cuts to spur the economy. Though, one thing to note, if people are locked in there homes and can't go out to spend, and once businesses start laying off people in-mass, it is doubtful that this will be...

The_Hungry_Bear

We are on our way to test 2700, which may be as fast as this week. As mentioned in my Feb 2 post these are the targets: 3100 (Met), 2700 (Inbound), 1000 (On our way). So with OPEC crumbling, this has thrown the world into a tail spin. My gut says that the powers that be will deploy the Golden Line to help break the free fall, and encourage a bounce up. You...

The_Hungry_Bear

Part ONE of Prediction Came True!! PUBLISHED FEB 2 2020 "Note once things start accelerating there is possible daily drops of 500 or even a thousand. First test 3100, then 2700. Afterwards all bets are off. We are going to retest the 1989 line at a 1000. This will be one for the history books. " So We have tested the 3100 and broke through. Next Test is...

The_Hungry_Bear

Note once things start accelerating there is possible daily drops of 500 or even a thousand. First test 3100, then 2700. Afterwards all bets are off. We are going to retest the 1989 line at a 1000. This will be one for the history books.

The_Hungry_Bear Updated 

We have reached our target of 48.76 that was posted last week. Now we will start a crash and burn decent to 10.72.

The_Hungry_Bear

Everybody now is extremely bullish on Lite coin, and talks of Mooning, and that the bear market is over. So I had to come out of hibernation and give the Bear's perspective. Back in early 2018 people were taking about SALT coin and how you could borrow against it and pay it back with the profits of it going up. In taking a look at SALT currently it has fully...

The_Hungry_Bear

So I went to lunch with an old friend and we catch up on events of what happened from a year ago. This person does not follow Cryptos and just has a typical population knowledge of the technology. Mentioned that remember last year when BTC was at its' all time high last year about this time? And I showed him the current chart of BTC from the past year and he...

The_Hungry_Bear

If you read my posts starting in March of this year, you would know that Lite Coin was a sham coin heading down to where it's founder said we would be at which is @ $20. Now that we are $13 from his magic target where to we go from here? Good question!! Looking at the charts we had experienced a Death Cross a few months back, and Lite Coin is in total...

The_Hungry_Bear

This market is unsustainable. Just look at how far we deviated from the natural upward trend line. Look at RSI and monitor the 44 level. If we touch or break below, watch out, this going to be a crash of epic proportion. If we use the 2009 crash trend line we should have a full correction by 2020. Good Luck, trade safe and smart.

The_Hungry_Bear

Bitcoin has been bouncing lower and lower since Dec of last year. Bounces have been decreasing, 40%, 35%, 30% and now a projected 25% TA: Bitcoin will drop to 5000 and bounce to 6250 before continuing to a newer low.

The_Hungry_Bear

Per Charlie Lee "Ok, sorry to spoil the party, but I need to reign in the excitement a bit... Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy! 2:51 PM - 11 Dec 2017 " So everybody should be rich because they...