Bitcoin: My Call For $5,500 Still Stands

Bitcoin is still crashing and there is no reason to be owning it at this point.

Bitcoin is still crashing and there is no reason to be owning it at this point. 

If you are still buying it, you are likely doing so in hopes of it recapturing its old glory.

That's not happening. That train has left the station. 

Instead, heed my words - I have been saying since January 18th, when I started tracking the crypto closely, how the entire chart screamed "SELL!". 

For my timely words of advice, I was mocked, scorned and laughed at in the social media world. I'll be honest though, I pretty much expected it, when I was going against a blind, permabull crowd. 

Here are my three previous posts on Bitcoin:

Nonetheless, here is my updated Bitcoin Chart. I really didn't even need to update anything, but the chart itself. My projection remains firmly intact. 

(Click on image to enlarge)

bitcoin technical analysis

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