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Doom

Modified Time Node on Bitcoin Daily - Target $295-275Bears: This is my modified version of Time Node from Tim West applied to Bitcoin. So far I have been very successful with this method to forecast accurately the next moves of Bitcoin. I also am using a fractal from the previous ATH of $680/$660 The annotations are on the chart. We are currently starting an 11 days bearish cycle with the possible targets below: $360-350 (if you are buying here have very tight stoploss at $347) $325-315 (recommend to buy at this previous mode) $295 (achievable with max volatility only) $275 (achievable with max volatility and margin calls) Bulls: For now the bulls do not have a case in my opinion until the halving. If I see a change I will first post on my twitter-1.35% account and then follow up with a new chart when I have time on TV. I am here to help. Feel free to ask me questions or Private Message me directly. Also follow me on Twitter: www.crd.ht Donations: 1Kbfudifg5n9DtpYymcL3E8pE2oX4Vq7CG (the more donations the more often I will be encouraged to published my charts :) even if it is 0.01BTC or lower ) Where can I register and buy/sell/trade Bitcoin? Bitfinex Signup: www.bitfinex.com (Accepts Worldwide users) Okcoin Signup: www.okcoin.com (Accepts Worldwide users except US residents) SimpleFX Signup: www.simplefx.com (Accepts Worldwide users) Coinbase Signup: www.coinbase.com (Accepts US Residents Only)
BITFINEX:BTCUSDShort
by BitcoinGuru
Warning! Touch of 215-223 Area for a 4th Time can trigger DoomAn warning update on my previous chart from a 2-3 weeks ago roughly, we see that BTC decided to delay the inevitable by not touching down a 4th time at the time I published my initial chart back then. Instead it decided to consolidate furthermore and attempted a break out again only to be stopped at the top of the downtrend channel outlined on my chart by the red line. The demand is so low for BTC that market makers could not push it to regain 250-260. The bearish magnet effect is clearly seen and BTC will touch for a 4th time and wash down within the next 72 hours most likely. See annotation on chart as usual! Please zoom in to see all the levels properly. This level is really dangerous to trade, you can just wait for the wash-down or short and sit down and watch the show. But I have outlined additional scenario in case we do get a bounce from 210-216 level. If the bounce does occur then we will retest 228-232 then drop in total capitulation down to156-180 initially (a bounce not shown on the chart is very possible from there to 215 or 260 due to a double bottom) then $123 to $98 range. But we could also fail to bounce and wash down to 156-178 area and maybe bounce there a little before washing down further.
BITFINEX:BTCUSDShort
by BitcoinGuru
3
The Bitcoin Economy Is Collapsing With No Sign of RecoveryDoom, doom, doom. I want you in my room... Sadly the long-term indicators weren't lying. I pointed out one month ago that Bitcoin is doomed with many charts in the comments here: and this week my most bearish doomsday scenario of $333 triggered So instead of publishing more charts as comments I give you my Bitcoin doomsday dashboard. The only reason why I published bullish charts during the last weeks was because a) I wanted to be neutral and b) I was bearish since the BTC price broke below $610 in July 2014 and my lowest target back then was $450 But the market ignored all negative indicators like volume far too long and now most are caught by surprise and panic sell and the negative momentum will increase even more because of that. TLDR: This is only the start of a very long downtrend. P.S. My headline is from a three year old article: www.theatlantic.com
BITSTAMP:BTCUSDShort
by ChartArt
7