تحلیل تکنیکال SilvaBull درباره نماد BTC : توصیه به فروش (۱۴۰۲/۲/۹)

BTCShort BTC . Retracement to major resistance in wave four . New lows in store for the Bit-con .Comment: No comments ? Surely i must have inflamed some BTC maxis with this post ? ... or are they a thing of the past... cmon guys throw me some insults or i may abandon this trade !Comment: added more onto my BTC short position today . Why? Because we have ventured right up against the major supply area as shown on this chart. This combined with a technical pattern reinforces my faith in this trade . I would like to see more bullishness on BTC and is the only part im actually worried about , but this is a tiny trade, no big deal either way . Also betting on a decoupling from gold is a stretch because the two typically trend together. I just believe personally that we will see the end of this relationship this year . Maybe im wrong lol .Comment: downside target is < 15k yea it could go up... if it does im wrong and i dont care lol. I am getting a little worried by the lack of BTC chest pounding tho... Doesnt anyone want to tell me ... "but ya just dont understand it" ? Lol I actually miss that...hey where's planB lol... probably siphoning gas for his boatComment: Ive brought out a few hopefuls... good to see ! Please tell me more how BTC will skyrocket ! LolComment: I really dont understand BTC... i know it im so embarassed lololool... please tell me "i dont understand it" lol then i will finally understand its me that is preventing me from being a millionaire lol....Comment: Resistance zone for BTC is 30-33 If we get above there i may have to re evaluate the bearish scenario .Comment: translation for dumb fucks : get out bitches ! buy gold and silver !Comment: Not a reason to trade but just sayin.... happened a week agoComment: This post is an educational post for those who do not really know much about gold . Got insults thrown my way from a butthurt BTC bagholder which is totally normal as these people are holding a losing bag for over a year now (is that a trend ? hint) . This person told me "gold does not create wealth" . This is the typical opinion that gold preserves wealth by keeping up with inflation and to this i will say 100% true... BUT ... this equation changes completely depending on timing of your purchases and in that case (like any other good investment) gold can most definitely create wealth and in fact is probably the best vehicle to do so in our current times. I am also a firm believer in the gold preserves wealth theory ie an ounce of gold can buy a good men's suit... BUT i will say this... pay attention... in times of extreme financial distress such as the 2008 event and especially right now gold and silver have the potential for enormous gains in wealth because of the panic buying . No markets move in a straight line and the trends in gold are huge up and down waves. If you catch an up wave, you will most definitely 100% without a doubt increase your wealth... Im not sure how they actually measure this "keeping up with inflation" metric but my guess is it may be measured over decades or even centuries ... so fuck yea... gold and especially mining stocks at the beginning of a precious metals bull market can increase your wealth substantially as i believe they will going forward... the "gold preserves wealth" thing is only valid over 100 year time span IMO ... also... does anyone know what the REAL inflation rate is now ? 12% 25% 40% who knows... all i know is gold and silver are WAY undervalued. Still for those looking to get rich quick like the loser sending me insults... please stick to BTC, ... or vegas :)Comment: just sayin:Comment: As much as those who believe this BTC rally is for reals... sorry... it's not. You will be burned badly if you buy into this fake rally. The wave 5 decline may be a bottom but unless it's devastating... i'd say beginning of a bear market. You were warned. Wave 4 is weak as sh*t... most likely heading to new lows.Comment: Short term trade look to rebuy at 20kComment: Nice confirmation signal on rejection of the lime area i previously drew. So what is the lime area ? Well it's generally the bottom of W1 down if you look back on the chart . Why is this significant ? Because of the EW rule W4 cannot trade into W1 . Well it can for a short while, as it just did... So the rejection is significant in that it is a clear signal to go short especially if we close a longer term candle < W1 . On the contrary, trading back above the lime area would invalidate the 5 wave downtrend and possibly signal a new uptrend . I say possibly because i'd want to see BTC exceed 40k before i even remotely get interested in longing it again . As of now BTC is bearish... but i already knew that .Comment: Interesting chart here . Gold (and silver) have been blowing the doors off BTC for exactly 2 years now. The ratio bottomed april 2021 . Did any of the ponzi tards care to notice ? Now as we move along the trend is only accelerating... notice the 5 wave ABCDE just today broken to the upside ? It's coming maxipads... mass panic into gold and silver and mass dumping of cryptos.... winds of shit lol www.youtube.com/watch?v=q4iDurCE...Comment: Silver / BTC ratio and what i think happens next - dump BTC / buy silver - possible B wave in playComment: Building my bear case . I look at every position as an accused who is on trial, either bullish or bearish and look to build a case . Here we have exhibit "C" "BTC Dominance" . Recently turned bullish. Now you may ask yourself... "isnt that bullish?" .. and I would yea... back 2013 it would... but not now when we have tons of other actually legitimate cryptos amongst the tons of scams. What this says to me right now is one word... "FEAR" .. Hodlers of cryptos are so shit scared of losing everything that they are huddling under the protection of "daddy Bitcoin" . Psychologically i can look at this two ways. One, if BTC starts to sell off the selloff could be brutal as literally everyone runs for the exits 👍 ... great for us shorts... or 2. a massive contrarian signal that literally everyone is bearish and we are due for a move up ... I tend to believe it is both ! ... a massive washout that takes BTC down to crying levels for your average baghodler and then as they capitualte and sell at a huge loss we get a huge rally... all of this will take place as gold and silver moonshot to add extra fuel to the crypto meltdown. Sounds like fun and im prepared for it... but i wont buy BTC at the bottom... ill buy monero.Comment: I was off on my initial idea i chose w3(c):w5 as the top ...Comment: for the cyberhornet smooth brains out there... michael saylor is a massive fraud... always has been , if you havnt figured this out yet you will be wrecked even worse than you already are !Comment: can you hear it ? listen closely... can you hear it now ? it's coming lol... listen ... www.youtube.com/watch?v=xer32Bmk... you can feel it coming actually ... lolComment: Big daddy BTC is all by himself here... he usually has the entire crypto sector to back him up but not this time... he stands alone as the rest of the sector is in shitsville... can big daddy continue the rally alone ? somehow i doubt it... but her started alone back over 10 years ago... we will see i guess. Here is total3 for reference, bearish megaphone in play... i expect all cryptos to fail shortly as precious metals take center stage.Comment: The only reason that BTC exists is to draw money away from gold and silver... it's more than obvious to anyone who is paying attention. BTC was created by the CIA . It's one step away from CBDC . Im surprised they are not giving out BTC with your booster shots.Comment: It's coming guys ... lol... i can feel it in the air ,,, hehe... can ya feel it ? :) www.youtube.com/watch?v=q4iDurCE...Comment: Why are BTC tards always so butthurt ? Aw did i hurt your fee fee's ? Lol They should hand out free crying towels with every BTC purchase. :)