BTC-3-25-19

BTC – the expected final drop has started! My previous post published two days ago had a telling headline: “BTC – time for the final drop has come”. And now we are getting wave a of iii down. I can only reiterate what I wrote last time: “That final wave Read more…

BTC-3-23-19

BTC – time for the final drop has come Since Bitcoin has topped in the wave i of the low which I count as the BOTTOM I have been expecting a lengthy but flat consolidation in the wave ii down. After the first drop to 3,800 on 24 Feb 2019 Read more…

BTC-3-18-19

BTC – this rally look corrective My short-term bearish view on Bitcoin has not changed.  I still think that in order to complete a corrective wave ii down we need to get the final drop to 3600sh neighborhood. The rally that started off the low in late February looks corrective. Read more…

BTC-3-13-19

Bitcoin – an upcoming drop should make a higher low and create a bear trap On 4 March 2019 I predicted a rally to 4,000. That rally was supposed to complete a corrective wave b up of ii down. Bitcoin hit 4,045 on 9 March 2019 and since then kept Read more…

BTC-3-8-19

BTC – corrective rally is over – prepare for a dive On March 4th I predicted a corrective rally in wave b up of ii down.And I warned back then that the rally would be a corrective and would follow by another plunge.So this time has come. [b]The minimum high Read more…

BTC-3-7-19

BTC – reaffirming my bearish expectations for a drop to 3,650 In my post dated 4 March 2019 I predicted that rally and warned that the rally would be corrective and set up a stage for another drop in wave c of ii down into the green target box. BTC Read more…

BTC-3-4-19

Bitcoin may retest 4,000 resistance before the final plunge to 3,650 We may get a micro rally in subwave c up of the wave b up of ii down before the final wave c of ii down that would setup another rally Bitcoin – 30 min chart updated on 4 Read more…

BTC-2-26-19

Bitcoin – a rally to 4,000 – 4,100 will be a good short In my previous update posted on 24 Feb 2019 I wrote: “This current drop into 3,820 is clearly only the first leg down in wave a of ii. Despite the fact we should get a corrective wave Read more…

BTC-2-24-19

Bitcoin – I warned the bulls to cool down and expect a deep pullback In my last update on February 19 I warned bulls: “Bitcoin has either completed or may make one more high at 4,120 to complete wave i up. Then we should get a corrective wave ii down. Read more…

BTC-2-19-19

Bitcoin – you could have made tonnes of money following my updates On 15 December 2018 I concluded that the large corrective move down off the top made in December 2017 was complete: “…Together with a very completed micro five wave structure of the wave ( c ) of ( Read more…

BTC-2-17-19

BTC – has broken out of another bull flag In my last update posted on 14 February 2019 I noted that bitcoin was in a bullish consolidation before another run at least to 4,000. Well, seems like the consolidation is over and the rally has started. BTC – 30 min Read more…

btc-2-14-19

Bitcoin may retest from above the broken resistance at 3,600 As I predicted, Bitcoin nicely jumped out of the tight descending contracting wedge and since then has been consolidating in a bullish descending flag. If they keep pushing it down we may be lucky to get a really good entry Read more…

BTC-2-8-19

Bitcoin is breaking out of the bullish wedge While you were watching declining stock indices and lost attention to Bitcoin it started to poke its head out of the rabbit hole. We still need it to break through 3,580 with gusto Bitcoin – 30 min chart updated on 8 February Read more…

BTC-2-3-19

Bitcoin – breakout through the top of a falling wedge will confirm start of a new rally My count has not changed. I count that decline off the top at 4,368 made in December 2018 as the top of wave ( a ) up off the low at 3,217. Not Read more…

BTC-1-30-19

Bitcoin should take out 3,660 to confirm its bullish intention Bitcoin ignored a great micro long setup I wrote about on 26 Jan 2019 and dropped to 3,422 instead.It re-entered my green target box and finally let me bought another tranche of GBTC under $4.00. Now I have 80% of my Read more…

BTC-1-26-19

Bitcoin is setting up an Inverse Head & Shoulders pattern, a launchpad of a rally I count the spike to the low of 3,462 into my green target box on 22 Jan 2019 as the low of the corrective wave ( b ) of ( i ). That implied we Read more…

BTC-1-22-19

Bitcoin has finally spiked into my green target box In my previous post published yesterday I tried to calm down bulls. We got one more nominal low even though the micro structure had looked very completed. That last move down came as a spike and immediately got bought out. It’s Read more…

BTC-1-21-19

Bitcoin – that one more low does not change my picture On 13 January 2019 I posted a chart with a green target box where a corrective wave b down should land. That target box was located in between 3,529-3,427-3,380. During the following two days Bitcoin could drop only to Read more…

BTC-1-19-19

Bitcoin – Choo-choo train is departing the station, the next stop is 5,000 I can only repeat what I wrote in my previous update on 16 January 2019: “We have enough micro waves to consider that wave b down complete. My minimum target for the rally in wave c of Read more…

BTC-1-16-19

Bitcoin – the pullback is over and the next stop is 5,000 In my previous post dated 13 Jan 2019 I wrote:  “At this point the micro structure of that wave b is almost completed. One more push down to 3,520 would be a great buying opportunity. As soon as that Read more…

BTC-1-13-19

Bitcoin – corrective wave b down looks almost completed On December 24th, 2018 I posted a warning that Bitcoin was approaching an important resistance around 4,500 and posted a chart where showed an expected drop in a corrective wave b down. Bitcoin topped at 4,391 and since then has been Read more…

BTC-1-11-19

Bitcoin keeps moving down into my green target box Bitcoin plays nicely an expected drop in wave c of b down. That wave c should be subdivided into five micro waves. At this point we are in the micro wave iii down. That means it may need couple of more Read more…

BTC-1-10-19

BTC – may have started that expected drop to complete a corrective wave b down In my previous post I wrote: “And the best resolution here will be to see a drop to 3,400 – 3,300 to complete that corrective wave. And from there I would expect another stronger rally Read more…

btc-1-4-19

Bitcoin – drop to 3,300-3,400 would be a nice buy I expected wave a off the bottom to hit a target of 4,500.  It stopped very close to my target at 4,380. Since then we may have been trading in an ugly corrective wave b down. And the best resolution Read more…

BTC-12-24-18

Bitcoin – approaching the first target of 4,500 As expected, bitcoin has made one more high and got close to the first target of 4,500. It can stop here  and start a corrective wave b down. But it would be so much better if it could at least briefly violate Read more…

BTC-12-20-18

Bitcoin – I expect the first leg up to reach 4,500 As I posted on 15 Dec 2018, BTC has perfectly completed a macro and micro structure of the decline off the top in December 2017. Because I count that decline as a correction, now we should watch for the first a-b-c move Read more…

GBTC-11-17-18

GBTC- has enough waves to complete the huge correction off the TOP For months I have been tracking a corrective move down off the top reached by Bitcoin in December 2017. In the process I made several winning trades. But I never traded bitcoin itself but Bitcoin Investment Trust (Symbol: Read more…

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