I was literally just preparing a post wondering whether we were still on course for this fractal! Glad you beat me to it, but here it is in part anyway, I already had it prepared...
I think we all missed our teacher over the last several days. I have also seen other posts calling for a drop in BTC to $6000. I recalled that Haejin recognized that possibility but did not consider it probable, so I went back and reviewed one of his posts from a few days ago, discussing fractals. He showed this image:
Now look at the current BTC/$ chart:
When I zoomed in on Fractal #1, I think we are here:
Would really appreciate any feedback!
Great observation my friend..i was just thinking of this today...the similarities are really appealing..cheers
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I have a doubt. Ive been investing in haejin suuggestions such as BTS, MCO, EVX, ANT. But if this happens with BTC USD, all these altcoins btc ratios will fall massive?
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A bitcoin bullrun brings forth the altcoin popcorn symphony :) the alts can rise (% wise) much faster than bitcoin so these ratios can still be higher against bitcoin.
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That's what i was thinking too, because the USD values have made new highs in many alts but the BTC pairs have just started...of course it's anyones's guess, but i have a gut feeling that alts will run too
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Have some alt coins too, all still in correction, do not worry about that, could take weeks, but they will go up. MCO is a bad joke for me, bought then goes down in a few hours lol, I laddered a bit and bought some more. Anyway in a month or two they will be 150 - 200% profit (at least I hope :-) ).
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