RE: BITCOIN (BTC) Update: Will we see New All Time Highs? When will Wave IV bottom be called?

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BITCOIN (BTC) Update: Will we see New All Time Highs? When will Wave IV bottom be called?

in bitcoin •  7 years ago 

I guess unless one is laddering...no easy way to get clear trend to do a "simple" trade...seems each update provides different scenarios with a possible ceiling figure or possible dramatic downward floor...

Therefore...with no clear path up or down... I can't do a bulk trade...walk away...then wait for next up or down trend to make a new move...

I'm guessing if BTC makes the sharp drop scenario it will take everything else down with it as well...

So much for a relaxing weekend...have to learn to ladder or just shut down computer!

BTC now $3,347...NEO...$33.24...buy or sell or hold...

bitcoin
7 years ago by

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      ·  7 years ago 

    It can seem that way. I always try and assess a primary as well as alternates by using if this then that type of analysis.

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      1 vote
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        ·  7 years ago 

      Would you say that some readings lean more in one direction or another? Even assign a probability to it? Or are all the possibilities on the table with the same weight?

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        [-]
          ·  7 years ago 

        Yes, and that's how I select my primary and alternates. My selections can be very different from other Ellioticians because we all have different "lenses".

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          [-]
            ·  7 years ago 

          hey if big short term gains were possible with "set it and forget it" laziness we'd all be millionaires...

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            [-]
              ·  7 years ago 

            I hear you...if it were that easy...probably would be worthless...

            Just was hoping it may occasionally provide an up or down trend call I could speculate on...seems every analysis is possible up or possible down...

            I get it...

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              [-]
                ·  7 years ago 

              I believe @haejin's primary count is still bullish.

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                [-]
                  ·  7 years ago 

                I do get that sense...

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