I’ve reproduced the ‘mystery levels’ that were blacked out earlier because the pattern has been quite useful for trading purposes. The pullback from p=100,011 was easy to short, as was getting long ‘mechanically’ on the 12/5 pullback to the green line (x=93,344). With any luck, the next burst will hit D=113,343 exactly, providing us with an optimal place to exit long positions and/or reverse them with the tightest stop-loss conceivable. The balky action at p means there can be no guarantee that D will be reached, so don’t hesitate to attempt shorting at p2=106,677 with a reverse-pattern trigger that cuts theoretical entry risk down to size. _______ UPDATE (Dec 16, 1:52 a.m. EST): BULLSEYE! The 106,677 Hidden Pivot I’d suggested using to short this rabid badger caught the top of a $3,900 spike within one-tenth of a percentage point. It was a new record high for Bitcoin, and the precipitous reversal that followed could have been worth as much as $2,378 so far to any subscriber who was paying close attention. The ‘camouflage’ trigger I’d advised using to hold entry risk down to a practical minimum is a proprietary trick, but for the record, the short would have triggered at 106,314 less than two minutes after the top was in.
BRTI – CME Bitcoin Index (Last:105.175)
