gatorinla

The eu is sitting above 1506 atm (1565). The pa looks bearish. But if it can't manage to make a lower low, or close a L day below 1553. It will be forced to bounce. It may have some attraction to 1.2001

Not much to say. The opinion remains. Bitcoin IHO should drop further to 1/2 its value in the 3k area or more. The lows of 2018 have been broken. I see nothing bullish. The bounces to me, should be sold.

I still have the view these pops around 2018 support should be sold. I still hold the opinion that the support will not hold. And eventually bitcoin will tubble at least 50% more.

I still see a valid 6,948 target. But overall that may change. I still maintain the drop is coming. The larger trend for me should yield 3,xxx.00 in my humble opinion. The rest of the basket should follow.

"The little bear that could" got bitch slapped. The larger target for 6948 is still valid. But I still hold to the bearish view. Atm being so close to support, bounces are expected. They may

Bitcoin still has a bearish trajectory. But if we look to the left. Earlier in 2018 support was present here. So it may have some bounces here. I still have the view this support will break. And eventually

This may be it for the short time high. The hour trend points lower. 6805 area may turn it..

6488 on a short term scale may lead to the larger edge. To keep on context the earlier post read like a chapter in a book, this being the latest. Nothing to change the bearish view for me here across the

The red line on the chart represents a smaller bearish drop developing at 6,488.65. The closed red candle is already bearish off the 6548 resistance. I don't like to zoom in the smaller time frames. When

Taking Bitcoin in a strictly bearish view.. In this one, a lower low. The atm high may be all it gets. But anything below 6698.50 is valid for a 5954 handle. On the st view would produce a new lower low

Bitcoin caught some spring in its step after 6,333. From here it has a shot at 6,948. But has some resistance in the 6,500/6,600 area. So I don't think it can manage much of a bounce beyond 6.9k/7k. It

The quarter month week and day have closed lower than the previous. Its near mid year end in June, the second quarter. Last year closed 1.2001. Bears need to close 1553 on the day. Or it should rise. The

Bitcoin acting as expected per last post. But I need to add 6,333. 6,333 is a place it may bounce to 6948. The baskets may recover some temporarily. The basket and most cryptos should follow. I still think

Bitcoin should dive back to 6317... From there it could resume the lower trend. The pattern I see, suggest target 6882. I still think the drop will continue even with these short term bounces. They are

I still dont think Bitcoin has bottomed. But where its sitting now. It is close to testing a double bottom. The 3k target is still looking doable imho. The others in the basket are in the same boat.

As per last blog post 6905 target reached. That didn't take long. Long term view remains the same for 6 months now. No doubt some bounces will occur at times. Bulls failed another setup. Not a sign the

Bitcoin has reached 7,302 now. It does have a smaller mixed bullish signal for 8k.. but I maintain it was probably rejected for a newer month low at 6905. Double talk, I know. Before reaching 6905, it

As stated in last blog post. That double top would likely be rejected. It would also break a double bottom. Doing so makes 6905 a target. 2 competing targets because either 6905 or 8k will be reached before

Next week if given the opportunity I will short the eu 1836/52 with a small stop. Targeting 1616 or less.

Bitcoin has not yet retraced to 7,302. This is still a normal retrace to do so before 8,069. Meanwhile pa has produced a double top formation. If the double top breaks than 7,302 norm retrace will lose