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BTCUSD: Possible scenarios for the bear market

Von IvanLabrie
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I think it's now fully confirmed that a bear market started, as per the long term signals in BTCUSD's 2 month timeframe chart. I draw a couple possible scenarios, overall what matters is the general idea, not the specific path. We will trade each swing, with our remaining exposure to crypto, which is now reduced to 25% of net worth max, to let it grow from there once again.

Cheers,

Ivan Labrie.
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We covered our shorts, cost basis on chart, was a 20% position we had.
Bought back spot holdings...
Potential upside targets for BTCEUR if we do get a trend signal Snapshot
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Speculating on a way for price to act here at support...BTCUSD chart Snapshot

I added at 7846 eur.
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Holding above the last CTFC meeting level is constructive here...Last day of the recent decline today...
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Snapshot
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I sold margin and spot longs here to be safe. We could short if we break below yesterday's or today's low, the daily uptrend could be a failure and this price pattern here be more of a sideways non-trend/triangle Snapshot We can reenter if breaking up...
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Went short:

Snapshot

Entry 11344
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9150 eur
Trade wurde manuell geschlossen
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Short covered, still in cash.
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BTCUSD could turn bullish once more here, we wait and see Snapshot
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We can get a buy signal here within 25 minutes, tight stop...BTCUSD chart Snapshot If we do break over 10150, things will look great for bulls again.
Trade ist aktiv
'[18:00, 3/7/2018] Let's buy our spot BTC back here, if we break lower, we will hedge or go back to cash Snapshot 7901.2 EUR / 9765.2 USD
[18:12, 3/7/2018]BTCEUR: We bought back at our old long cost basis, except now we have 17% more BTC roughly Snapshot '
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This could be how things pan out, if we do move higher from here in BTCUSD Snapshot
Trade wurde manuell geschlossen
Took a small loss, but will reenter long when safe...or simply short if we get an entry. In cash for now. Lost 1.1%.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCUSDChart PatternskeyhiddenlevelsrgmovtimeatmodeTrend Analysis
IvanLabrie
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ivanlabrie.substack.com/
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