RE: Bitcoin’s Whiplash Bear Trap

Based on the findings of a new blog Bitcoin Preparing to Rocket Launch? I just posted, I have become bearish on altcoins after February 10. We have a small window between now and perhaps end of this month, for altcoins to make their final rallies as priced in BTC.

Given the conclusion posited my said new blog that January 18, 2020 corresponded to April 2, 2019 in terms of a repeating fractal pattern, then GRS/BTC peaked before April 2, 2019 and so has already done so for this cycle also. I now only expect to make a similar relief rally as it did after April 2, 2019. Proportionally that would take it back up to 100 and 200 DMA which are currently standing at ~0.000024. I’m a seller there and won’t be coming back.

The reasons I originally was interested in GRS is made some tremendous gains in BTC with it only the rallies before April 2, 2012.

UPDATE Jan 30, 2020: I did sell GRS at 0.000024 as predicted, but now I am repurchasing below 0.00002. I originally was uncertain whether altcoins were going to moon after the halving thus relative to the impostor Bitcoin Core declining to ~$0 price as the posited SegWit donations attack proceeds at that juncture. Now it appears the mooning will be right now in February. I wrote the following update in email yesterday:

URGENT. VERY IMPORTANT.

The altcoins are preparing to breakout to the upside as they did in February 2019.

Litecoin will within days likely make a lurch upward to 0.0085 BTC to ~$90 as BTC moves to ~$10.5k.

Then two more lurches up between now and before mid-March, first to ~0.01 and then to ~0.015 BTC. The 0.01 will likely be to ~$117 and BTC at $11.6k approximately 2nd week of February. Then 0.015 and north of $200 for LTC and $15k for BTC late February or early March.

GRS to 0.000037 at least. Upside possibility is 0.00007.

After those peaks, altcoins will decline relative to Bitcoin and Bitcoin will assert itself strongly going into April. Make sure you entirely sell out of altcoins on those peaks.