To the few followers I have, I have decided to share this with you. Note: I am not a charter, I just have some useful info.
You should be able trust this info because I have called a BTC short twice and to use significant leverage. They have been perfect, even with a margin call within 1%. (See comments in and
Without getting into it, I know a guy who helps manage a medium sized mining operation and he told me some things. While there is a lot more to it than just BTC dumping (stuff has been going on for a long time, including alts coin pumps); I am willing to share some info about the dump that will be useful to you from now:
1. BTC will not go over 15,000 again. 2. BTC will be pushed down to at least $1,000 (it will take a long time, at least a month or two but the initial sell off will be fast) 3. A transfer from BTC to BTG is a signal the dump is to come (compare BTG and BTC charts Dec 20-22 and yesterday - the BTC dump will start today/tomorrow).
Now from my understanding I have been able to notice some patterns. Basically since the downtrend from 17.2 and then again from 15k, they squeeze BTC back up into an uptrend (from a TA standpoint) for a brief period of time so they load up on shorts; this is why you see a lot of TA going long and getting it wrong. They do this so they have buyers to sell/short into.
While I am assuming in this chart there may be one last squeeze (I'm not entirely convinced there will be, it's just pure speculation) to 13,900 - 14,200 (most likely range). You may want to think about going short now, although waiting till at least 13,700 (however by the time i publish this chart it looks like it has already pushed up and gone back under 13,700) with 10x leverage (ensuring liquidation is above $15,000) will yield a 12500% return.
I am sharing this because I am already in position and have been for some time.
Good luck, with a potential of 12500% profit you'd be silly not to place even just a small investment here.
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The load up on short range could easily have been $13,500 to $13,800.
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It looks like the range is 13,500 to 13,800. Open shorts here - x10 leverage is safe. Stop loss at 14,201.
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Not long now!
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That was the final squeeze. If you followed my chart and stuck to the facts and the original plan you would have still be sitting pretty (btc not going over 15k and looking like not going over 14.4 - loaded up on shorts between 13.9 - 14.2).
However for those who went off my stupid emotional update, you would have just got screwed. Sorry. Don't be afraid to try again. When the risk/reward is like this, it's worth it.
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It was easy for me to make that stupid update because I already have my position. That said, stick to the original plan.
If you have proof you followed my update. PM it to me and I will re-inverse you for your loses (within reason).
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It touched 14,250 on Bitfinex. From the update, I said set a stop loss at 14,200. I knew it would get to a round number I just guessed 14,200. So close.
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Congratulations to all investors who took my call.
In terms of profit taking, I wasn't playing when I said 1k. If you had the belief to follow my call, at least wait until the 3-5k range (could be months away) before taking profits.
You may however be tempted to close your shorts on the dips and re-open them on the bounces. Unfortunately, I can't give you price ranges to help you with this - I'm not a good enough short term trader (as you witnessed in one of my updates). I would be very careful doing this though as BTC always bounces a little harder than you'd expect.
Be sure to keep any eye on this account and my twitter going forward, I do know of further manipulation and may decide to release information on it once I have my position.
For months, big players have been slowly transferring BTC to their chosen coin - ChainLink. When accumulation finishes (look for a huge pump in ChainLink) BTC will be abandoned.
@sanitydc, Yup!! Been shorting all the way down... and i still think 1K is not happening ..
Cortex7
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please update sir
Acel
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Why are you so greedy? Market is bleeding and no new money comming in since more exchanges have issues.
You know that this wont get much lower and you also know that you dont have much time to enter while its cheap. If you wanna enter go ahead, stop spreading FUD so u can get it cheaper.
But its your move, watch it going up and get it more expensive.
mmmp12
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@Acel, Hahaha, really? I have same thoughts as him too, maybe not 1K$, but dumping began, and dip buyers can be in deep ...
I have coins, some bought really high (my stupidity), but it was 500-600$, so I don't mind it.
Acel
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@JA.piotr.bor, The fact that many people panic sell and SUDDENLY lots of buyers apppear to pick it up doesnt ring any bell for you?
Watch the total market cap. See what happened one and two years ago. What happened on every bitcoin dip. if you are smart enough you would realise that this is a repeated event. Especially around 15 Jan.
Google is your friend and information/knowledge equals power. There wouldnt be so many panic sellers if they had the knowledge. Thats why people call them "weak hands". Yes, it might drop a little further, cause experienced players know that panic sellers will keep doing what they do, and they will get it at an even lower price.
This bigdogg guy just lives by his name, barking ( spreading fear ) cause his master told him to. He knows that people panic and he also knows that the dip wont last for long, so he spreads fear in order to get it even cheaper. I wont tell you how i would call him cause i will get flagged. So lets just say that he is greedy.
Also something last for you, not a personal attack by any means. Do you watch a lot of media? As TV and "popular" sites? Do you listen to those "experienced" old men that know so many about stocks and assets but their old and tired mind cant comprehent what crypto and blockchain is?
If yes, then ask yourself this. Did you accomplish anything good while listening to them?