Bitcoin
Short
Updated

BTC Crash

938
Following up to the short call from 41k which I posted in my Discord Server, everything is moving perfectly.

At this point, we could see the whales play some mind games to confuse shorts and longs. That means, we could see a pump back up to 32/33k before continuing down to 20k.

As long as 34/35k doesn't break, we're still holding that 70% probability for a major crash.

While the 14-16k zone can potentially be wicked, it's possible that we won't reach that low, and stop around 18k.

Either way, the bounce target from the lows is 26k/27k (the zone where longs are about to get trapped now).

-Hawk
Note
Here is the larger timeframe analysis of Bitcoin:
Bitcoin 2021 Bear Market
Note
Short term, I'm expecting a shakeout of shorts as per this doodle.

snapshot
Note
Just like that. snapshot
Note
Temporary delay, cleaning out the final shorts with this push up. This was discussed and anticipated in the premium chatroom.

Here's a more recent analysis:
Time to Liquidate Longs (BTC and ETH)

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