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Sequel to the highly predictive BTC What if SHTF Count

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BITFINEX:BTCUSD   Bitcoin
As we were prepared for what seemed to make the whole Crypto-World scream "Crash" again by our outstanding and persistent Elliiott-Wave-Chart-Work,
which we give away for free here on Trading-View , we anounced the coming Downer 3 days before it shook Cryptp-World again while everybody was already bullish from the promising ETH-Hype...

Have a look into our Chart/idea history when we were able to predict the Giant ETH Move and already mentioned the BTC-ETH Spread and the change of Cap-weight towards ETH...

As we literally were just repeating our big ABC Count picture for BTC we had in mind rigth from the beginning of our publishing work here on TradingView, we gave our warning shots to everybody...with enough time for everybody to position cautiously...
We were already cautious, bearish moreover , after having seen BTC still developing no up-momentum at the 12/13k Region when we were trying a first long trade, a profitable one, nonetheless, but only due to our consequent SL-Methods...

So we gave our last Chart from January 13th, called "The WHAT IF SHTF BTC-Count" to everyone , but nobody would be listening/watching , as the sentiment here on Trading-View having turned bullish already...We derived this from the shared ideas/signals we received, as most traders were hoping for the following "moonraker" breakouts in LTC,Dash and especially BTC to go after the pacemaker ETH...

WE WERE GIVEN 3 THUMBS UP FOR THAT CHART...yes indeed...3 (three)...an unbelievable Hype for our Warning-Signs posted and a much needed incredible overwhelming feedback for what we are doing here...
We just did not know how to handle all the incoming E-Mails informing us about the Thumbs-Up Pleasure we were reaping...

Well 3 thumbs up is hell of a lot for a market view that spits everybody else into their Bulls' Eyes, you might say and you are right (and left for the sake of non-bias)......But we can live with that...at least for now...


But now for the prediction of what the duality bound and body-trapped mind inside our skulls is calling "future"-development.



This time we are questioning whether the "line of horror" will be visited at 8k in BTC or if the next move will be already straight north for quite a while .

We have been putting all of our work in the complete overhaul of the whole BTC-Count to make a most educated guess based on our most accurate EW-Chart-Work.

The result is the red make or break-line in the chart, dividing the Bulls from the Bears , and will give us a decision mark for wether BTC is about to gain north momentum again or if there is more about the tamed recovery we have seen so far since the recent lows.
Does "the line of horror" still need a visit to clear the Chart picure and drive all the weak hands out of BTC...? Have a look and decide for yourself...
Komen:
Here we are.....

Penafian

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