Topic: PnF TA - page 89. (Read 190664 times)

https://bitcointalksearch.org/topic/m.11506171

One more X, 3 left for liftoff:

Or doom if we fail here...

Why doom specifacily and not a minor dump at this point ?

Didn't we find the ground ?

Because it is time for a big move...

Both of us want this for sure.

But how is this decided ?

And you mean it's either doom or gloom with no middle ground, right bro ?

Careful. Notice those rises are getting smaller, so expect to break $250, yet still expect to break down again to lower lows < $155.

Why? Because it is not yet time for the bottom. Remember private assets won't be ready for prime time until after Oct 2015 according to Armstrong's model.

If we breakout above 250 and then still collapse lower, I will admit Armstrong's model is the real deal!... Cool

EDIT: This scenario (bull trap) is a valid one you know, BTC whales love to do these kind of stuff! The last P&F movements are full of bull/bear traps..

TPTB_need_war

sr. member

Activity: 420

Merit: 262

Quote from: klee on June 16, 2015, 03:34:07 AM

Quote from: Fakhoury on June 16, 2015, 02:45:16 AM

https://bitcointalksearch.org/topic/m.11506171

One more X, 3 left for liftoff:

Or doom if we fail here...

Why doom specifacily and not a minor dump at this point ?

Didn't we find the ground ?

Because it is time for a big move...

Both of us want this for sure.

But how is this decided ?

And you mean it's either doom or gloom with no middle ground, right bro ?

Careful. Notice those rises are getting smaller, so expect to break $250, yet still expect to break down again to lower lows < $155.

Why? Because it is not yet time for the bottom. Remember private assets won't be ready for prime time until after Oct 2015 according to Armstrong's model.

There will be a massive surge into safe haven assets as Greece defaults or exits. Initially this will drive up gold (and thus Bitcoin), but as the liquidity contagion ignites as of October, then people have to sell their most liquid assets, e.g. gold. This is what happened in 2007-2008, where silver made a high at $21 in early 2008, then dumped into the shitter < $9. It is slightly different now because silver peaked in 2011 and has already declined significantly. So we are just looking for the final capitulation.

klee

legendary

Activity: 1498

Merit: 1000

Opened a small short just in case...

klee

legendary

Activity: 1498

Merit: 1000

Quote from: TPTB_need_war on June 16, 2015, 03:42:12 AM

kLee I warned you...

Quote from: marcus_of_augustus on June 15, 2015, 09:45:11 PM

check out of the gold collapse

I told you all upthread there would likely be a bounce this June in both gold and BTC but the final lows are still coming.

I continue (via Armstrong) to predict every price move. Yet I (and he) get no acknowledgement.

Not disagreeing mate Wink

I bought some at 223 and I wait for signal to sell...

I see too a pump and new low but only if we fail to violate 250. Then I will short it hard!

EDIT: I don't expect lower lows (<155) if we break 250

TPTB_need_war

sr. member

Activity: 420

Merit: 262

kLee I warned you about shorting near-term...

Quote from: TPTB_need_war on June 16, 2015, 03:41:19 AM

Quote from: marcus_of_augustus on June 15, 2015, 09:45:11 PM

check out of the gold collapse

I told you all upthread there would likely be a bounce this June in both gold and BTC but the final lows are still coming.

I continue (via Armstrong) to predict every price move. Yet I (and he) get no acknowledgement.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: Fakhoury on June 16, 2015, 02:45:16 AM

One more X, 3 left for liftoff:

Or doom if we fail here...

Why doom specifacily and not a minor dump at this point ?

Didn't we find the ground ?

Because it is time for a big move...

Both of us want this for sure.

But how is this decided ?

And you mean it's either doom or gloom with no middle ground, right bro ?

https://bitcointalksearch.org/topic/m.11506171

Fakhoury

legendary

Activity: 1386

Merit: 1027

Permabull Bitcoin Investor

One more X, 3 left for liftoff:

Or doom if we fail here...

Why doom specifacily and not a minor dump at this point ?

Didn't we find the ground ?

Because it is time for a big move...

Both of us want this for sure.

But how is this decided ?

And you mean it's either doom or gloom with no middle ground, right bro ?

klee

legendary

Activity: 1498

Merit: 1000

One more X, 3 left for liftoff:

Or doom if we fail here...

Why doom specifacily and not a minor dump at this point ?

Didn't we find the ground ?

Because it is time for a big move...

Fakhoury

legendary

Activity: 1386

Merit: 1027

Permabull Bitcoin Investor