Bitcoin Elliot Wave Count
- Pump for Bitcoin Spot ETF and Havling in Fall 2023.
- Top around March/April 2024.
- Failed Halving Pump.
- Bad economic climate in 2024.
- Liquidity Event.
- Recession in Fall 2024.
- Crash to sub 10K.
- Bottom sometime in Fall 2025.
הערה
Trade still in playעסקה פעילה
Now it's time to short pumps.עסקה פעילה
I'm no permabull or permabear.Sold everything on March 14 including my long term HODL positions.
Going forward I'm bearish: Cryptos and Stocks. Right now I only have my trading account looking for SHORT setups.
My thesis is a recession is coming Q2 2024 and I rather be early.
עסקה פעילה
Study:3 peaks and a Domed House pattern. The domed house is definetely definitely for Bitcoin on the daily candle.
עסקה פעילה
The Domed house looks like it got formed on the April 30 dump.This means going forward it's DOWN ONLY.
הערה
I'm short term, mid term and long term bearish.עסקה פעילה
Added some shorts at 63.5K. No leverage. 3 months hold. 1X. No stop loss.עסקה פעילה
Pump for Bitcoin Spot ETF and Havling in Fall 2023. DONE
Top around March/April 2024. DONE
Failed Halving Pump. DONE
Bad economic climate in 2024. DONE
Liquidity Event. DONE
Recession in Fall 2024. TBD
Crash to sub 10K. TBD
Bottom sometime in Fall 2025. TBD
עסקה פעילה
Closed my shorts at 63.5K in profit last week. Lock in those profits.
The FED cut rates by 50bps which is short term bullish (3-6months) but long term (1-2 years) Bearish.
I believe bitcoin will do something like this.
So I'm actually short term Bullish Bitcoin until the US election on November 5
עסקה פעילה
2 weeks before the election was the time to exit on the upside.
העסקה בוטלה באופן ידני
Trump won. PUMP It.
כתב ויתור
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