hrdk's Blog

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SHORT Bitcoin, still dropping as (perfectly)planned. targets 7500/6000

As one of the few here i was shorting Bitcoin -0.18% at 11.500/11.600 because i knew that big inverse H&S everyone was looking at would be a big bull trap. I predicted an acceleration down, which clearly happened (look up my previous charts for more info). I closed most of my short positions around the 8500 because there i predicted a short covering rally.
Even though my first target was and still is 7500ish, i closed my short position at 8500 because i expected a move up towards the 9800/10.200…
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The Reason Why BITCOIN Now Is In BIG Trouble!

Hello Dear Friends!
Up, down - A spike... And then another spike! Yesterday we saw how people were getting their hopes back - we had something that could have turned into a real reversal, Elliott Waves were taking form, BUT then... A BIG price drop once again, which made an immediately Elliott Wave failure! News about Goldman Sach's telling we might go under 6,000 USD, other rumors about Mt. Gox might be selling thousands of dollars again in the near future, has ONCE again created a lot fear, un…
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