Trainwreck

Trainwreck Updated 

Easy simple long idea. If #bitcoin is about to get smashed down to 10k by "smart money" in a bull trap and 50k is the top.... where are all the shorts? 1hr and 4hr MACD rolling over to bullish momentum with a pump off the MA on each time frame - this is an easy long with TP at 49260ish where the dotted line is and the rest is top of the channel BUT.. the...

Trainwreck

The traditional market do not fully understand crypto yet and the lag between #Bitcoin and #crypto related stocks is extremely easy to capitalize on... BTCM is a Bitcoin and crypto mining company that is publicly traded on NYSE so I am very interested in owning ALL of this stock but I have been forced to trade in and out due to the correlation being so obvious....

Trainwreck

This is an update on my long up almost 50% and climbing.. resistance at ATH $49.50 next, then baby resistance at $52ish, then open air to run! People are now paying $30,000/container this shit is insane - they are gonna crush earnings until the market corrects which is looking like never haha

Trainwreck

There is enough bears still left for cannon fodder.... it feels obvious at this point that it will either NUKE with LH based on fib area or this is the second pump. I am a believer that this is the second leg up because the 50 week held - that is the issue with the bear case right now... until the 50 week MA breaks i am looking for long entries or baby shorts,...

Trainwreck Updated 

LTF look like they need to reset but HTF look bullish AF.. layering into this one and will go heavy if the indicators on 1hr and 4hr look good at MA and fib support. Deviation trigger would be breaking MA then i assume we see $44,000 and possibly retest fibs

Trainwreck

I hate to go against trend with the semi orderly march from $29,800 to current price in 1 month (66% in 30 days....) but.. a major pull back seems inevitable at this point and $51,000ish is right at the top of the golden zone for fib retracement. I would be very happy if we rip through this via supply shock.. straight to $100,000 but will be happy to rely on...

Trainwreck

Taking the long even though I said I'd sit out until $48k breaks cuz this bad boy is clearly got the momentum... Bears haven't been able to push the price down to reasonable levels with bear divs all over the place. This one feels obvious so stop set to prior candle low. The only thing still itching is the dollar pumping....... just going to ignore that little...

Trainwreck

Trying this again with a very small entry zone and stop. LTF seems restless but no one seems interested in longing at the moment so I assume we dip to at least 43-41k Posted this today and still feel the same: As long as $DXY (Dollars) is weak AF then #bitcoin will be strong AF.. until the FED nukes the market I think we can resume #uponly (will delete if they...

Trainwreck

Layering in $43500 to $42k-ish will bail if $40k looks weak. Hoping it's a poke down to 43k and the 200MA ends up holding hard. Feels like no one knows what's next after the #Crypto bill amendment failed but who cares. (Closed the last long early based on news reaction)

Trainwreck

Long from this morning - will keep adding on dips if we get them, between 50D MA and 0.23 fib, until we break or reject 3rd touch on down sloping resistance.

Trainwreck

Just trying to keep this one simple and inside the box to cover anyone's bias for BTC. A horizontal / sloping trendline from 52k back on March 10 has been respected a bunch of times on both directions, was flipped into support on June 14. This gave me what looks like some pretty good symmetry for a prediction - would be invalidated if we drop below $37,000 IMO.