prices just broke through a major , supporting chart tredline.
That move was anticipated in my technical analysis to my subscribers already monday morning
Further downside is likely unless this trendline is claimed back.
I used to stand by S3052, but I call bullshit. Every projection he's made for weeks has said, "Bitcoin is almost definitely going up!" with a tiny caveat, "(but it could also, you know, go down)". His analyses are unfalsifiable. He claims victory every time.
If he told his subscribers a crash is nigh as of Monday, than he was feeding us misinformation in his
public analysis with:
Longterm: UP.
Midterm: UP as long as the 9.5 $ 10 $ range holds
Shortterm: UP from the 11$ or 12.5 $ lows.
It was correct at that time, and was the right sequence: On Saturday, the 30th we gave the public update. On Monday, August 1, we did the in depth analysis for subscribers which provided new info.
But to explain: up from the 11$ to 12.5 lows means also that if prives fall below those levels trend changes.
On monday I have done a deep analysis and have seen that the likelyhood to break those levels has increased drmatically.
It is fair to my subscribers that they receive this alert exclusively.
They have paid a lot of money for that.
Everyone can chose to join or not.
And as always, everyone needs to make his own trading decisions.