Bitcoin "Freefall"

[Baron]

virtusa, whenever the time comes, can you let us know when your weekly chart says it's time to buy BTC?

Thanks!

 

[virtusa]

Good advice for trading, but for a person building a position, it has little relevance.

Little relevance???
Buying now BTC would give 90% more value for money. For each BTC in november you can buy now 1.9 BTC. For me that is not little relevance at all.

 

[virtusa]

virtusa, whenever the time comes, can you let us know when your weekly chart says it's time to buy BTC?

Thanks!

If I am like Peter Schiffe it is useless as I know nothing.

I have been attacked, and am still attacked by dozens of crypto fans. I would be an idiot to tell anything at all. I never posted signals and I never will. I did it one time on nov, 16 and saw that it is not appreciated. I did not expect anything else.

I PM'd one person on ET in November who wanted to buy. Today he can buy almost the double BTC for the same amount.

 

[themickey]

virtusa, whenever the time comes, can you let us know when your weekly chart says it's time to buy BTC?

Thanks!

Right about now, my call ~ 35000 is the downside limit on Bitcoin.

 

[Buy1Sell2]

It appears that the weekly BTC chart completed a Head and Shoulders top and reversal during the first 10 days of this month. IF the measured move actually occurs for this pattern, it would take us to around 6000.

 

[Buy1Sell2]

Monthly BTC chart

 

[d08]

If BTC hits $43,208 next support level is $31,000.

Great call.

 

[d08]

So what was everyone saying about Bitcoin going to 30K?? Or even 20K??

Well I don't see any of that happening. In fact I see the complete opposite. Bitcoin has bounced off 40K support and is now moving up just like I said it would.

Don't ever bet against Bitcoin or you will fail.

Don't ever let fear take your Bitcoin

Bad call.

 

[SunTrader]

Great call.

Low of the move - to date - is $32951.

 

[mlawson71]

How low could it drop, I wonder.
It does look terribly bearish still.