What I don't understand:
Whales are dumping / selling in masses.
FUD is created and small investors also sell their coins, the price tanks.
Then whales buy back cheap coins.
BUT: There is still all the money from small investors missing so in the end Bitcoin will not be the same value as before the whales began to dump.
Topic: 15-JAN-2018 Crypto Black Monday (Read 860 times)
This was all just a big price manipulation caused by the government ban FUD. The whales are getting ready to buy cheap coins at mass volume. Those selling now will regret it.
OMG. I have seen this topic and just missed the best opportunity. It is hard to believe in something like that. You were right all the time. And the best part is that we will soon see ATH again. Time to buy more.
It could be a decade before a new all-time high, likely never if Bitcoin becomes what it was supposed to do —i.e. become a stable alternative currency free from interest rate fluctuations and central bank policy.
Paradoxically, a new massive bull run would mean Bitcoin is a failed currency, and just another speculative asset class.
Fun fact:
—It took the NASDAQ almost 15+ years to get back to its all-time high after the 2000 dotcom crash.
—It took the global indices almost 10 years to get back to their all-time high after the 2008 credit crash.
2018 Crypto Black Monday
https://redd.it/7pxg0d
2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3
I don't care. I bought BTC when it was $200, cashed out some of it (so I can live the next 10 years at peace) at nearly $20000 and still have more than enough of it for your doomsday. https://redd.it/7pxg0d
2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3
But thanks for the info, nice prediction.
OMG. I have seen this topic and just missed the best opportunity. It is hard to believe in something like that. You were right all the time. And the best part is that we will soon see ATH again. Time to buy more.
The whales are probably doing what they do best and it's effective. Massive sell-off is what they wanted to happen for them to buy at a lower price. The opportunity that those panic sellers are giving the whales will just make them richer. Best move right now is to hold and buy on the dips, then ride with the whales.
So the dip did came as predicted, but I guess it was kind off act of fear as the recent events and crash news might have frightened many. Lots of other altcoins also went steep down. I would say its good for the time being. Not only the whales but intelligent investor would surely take this advantage in a right way.
The whales are probably doing what they do best and it's effective. Massive sell-off is what they wanted to happen for them to buy at a lower price. The opportunity that those panic sellers are giving the whales will just make them richer. Best move right now is to hold and buy on the dips, then ride with the whales.
These dips are all temporary. I still remember what happened after the news about the exchange ban in China came out. The price nosedived from $4,500 per coin to $2,900 per coin. But after that, it rose very sharply and crossed $5,000 mark in a few days time.
2018 Crypto Black Monday
https://redd.it/7pxg0d
2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3
You were good with the predictions of black monday, but i don't agree with Crash (Elliot wave). https://redd.it/7pxg0d
2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3
All my assets (top rated coins) on exchages gone red yesterday and are still in the same position, my eyes didn't believe this sudden downfall.
Indeed it was a black Money for cryptos, all coins were dying including bitcoin, and yes this all is just because of bitcoin downfall.
May be this downfall is for couple of weeks but it doesn't seems that it will remain for a long time, soon the price will going to elevate again.
You might want to put off your expert predictions for now, as it has already dipped below $11k today.
It surely went faster than I had expected. But this only strengthens my idea that we'll see < $8000 pretty soon now.
https://pbs.twimg.com/media/DTqAlc7WkAA9tWk.jpg:large
It took a few more hours than expected but the crash is rapidly accellerating now EXACTLY as predicted.
123abc ignore the idiots here. I've been warning them for some time now but they have their pink glasses on with dollar signs, lost track of all reality long ago.
Bitcoin is going nowhere but down.
123abc ignore the idiots here. I've been warning them for some time now but they have their pink glasses on with dollar signs, lost track of all reality long ago.
Bitcoin is going nowhere but down.
Godspeed !
P.S. its still MONDAY in Hawaii !
We are the 15th of january and nothing happened lol. Bitcoin price is extremely difficult to predict and technical analysis of price charts are also useless.
Did you even look at his chart ? According to his chart it's not even breaking 13.000 today. But 15 january is merely the beginning of the end. We should close today between 14.000 and 13.000, tomorrow again (it will dip briefly below 13.000) and the 18th we'll fall to around 11.000. Then the real sell-off to below $8000 follows the 21th.
You might want to put off your expert predictions for now, as it has already dipped below $11k today. This shouldn't come as a surprise since January has always been the seasonal sell-off, traders booking in profits, plus this week is the expiry of the first Bitcoin future contracts - yes, they're all cash settled but the losses for majority of buyers will probably have resulted in them also liquidating actually Bitcoin holdings for more re-entries. I'm guessing those who are doing that now will short to no end for the next three months, but that pressure is probably staved off by the alt holders also panicking (effectively propping back up Bitcoin).
Interesting to watch, but Bitcoin's going to defy whatever we expect.
Well there it goes indeed, have a great day!
It took a few more hours than expected but the crash is rapidly accellerating now EXACTLY as predicted.
123abc ignore the idiots here. I've been warning them for some time now but they have their pink glasses on with dollar signs, lost track of all reality long ago.
Bitcoin is going nowhere but down.
123abc ignore the idiots here. I've been warning them for some time now but they have their pink glasses on with dollar signs, lost track of all reality long ago.
Bitcoin is going nowhere but down.
Hehe all those people making fun op OP and his prediction and it's going EXACTLY as predicted, huge sell-off from 14.300 to 12.800. We've also just broken the low from 14 january, another extremely bearish sign. We're going to enter CRASH territory soon now (below $12.600).
Interesting thing is that the guy with his 300 bid size is NOT bidding anymore ... that guy saved it previous times from crashing. He probably is SUPER long already and can't take any more coins. The fun really starts when he's forced to sell.
$12.697 now ...
Interesting thing is that the guy with his 300 bid size is NOT bidding anymore ... that guy saved it previous times from crashing. He probably is SUPER long already and can't take any more coins. The fun really starts when he's forced to sell.
$12.697 now ...
The sell-off is accelerating now. We should see a decent amount of support here, but if it goes below $12.600 then it will start really crashing
The great 2018 Crypto Crash is just about starting; to the ones reading this thread and the below linked sister thread —congratulations, you are early birds!
In hindsight, it was good to subject this thread as "Black Monday" giving folks a full day to prepare.
Let's now close this thread and move to the following sister thread where charts to popular ALTs will be posted in due course:
In hindsight, it was good to subject this thread as "Black Monday" giving folks a full day to prepare.
Let's now close this thread and move to the following sister thread where charts to popular ALTs will be posted in due course:
And when the price of BTC climbs up to 15k this week, can we finally end this charade you call an analysis?
Sure, in that case OP clearly would have been wrong. But so far so good, BTC is going down rapidly, EXACTLY following the path that OP predicted. It would be nice if it would close the day around these levels ($13.200). The trend then will continue tomorrow. Next stop below $8000 within a week
with predicting but I'm positive that it will rise instead of fall again, let see after the market will be open again and how they manage to strive back,
still holding and buying little by little.
It appears BTC/USD is currently moving faster then the prediction (making up for slacking on Black Monday?! —of course, US markets we're closed so folks were on holiday).
Remember, the analysis is about price, not time.
https://i.imgur.com/7AKDcA0.jpg
Remember, the analysis is about price, not time.
https://i.imgur.com/7AKDcA0.jpg
And when the price of BTC climbs up to 15k this week, can we finally end this charade you call an analysis?
Sure, in that case OP clearly would have been wrong. But so far so good, BTC is going down rapidly, EXACTLY following the path that OP predicted. It would be nice if it would close the day around these levels ($13.200). The trend then will continue tomorrow. Next stop below $8000 within a week
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