SUMMARY
Bitcoin (BTC) had 6 down days in a row and so technically, it was due for a bounce and I believe we're seeing it. The below chart updates the subwaves of C wave and if it is to be complete, then price needs to retrake the upper white trend line stat! The vertical nature of the price move looks encouraging.
As an alternate, the below abcde triangle pattern morph could be considered and if so, the whole correction will become more complex. Bitcoin usually has not patterned out complex combinations since its early days of low liquidity.
IF the abc minor correction is complete, this longer term perspective looks bullish because what comes after wave 2? Wave 3 and it won't be lower than 1.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Elliott Wave Counting Tutorial #1
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Is there any possibility of BTC surpassing 20K ever again?
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Update ေတြတင္ေပး႔အရမ္းေက်းဇူးတင္တယ္
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I like betcoin and steemit. This is good update news about Bitcoin. It's help my work
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why such a hateful post? downvote
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scam? I wish to know what do you mean.
He is creating interesting content and thats why people follow him and vote for his posts.
at the same time you are abusing this site by following over 15k accounts hoping that some of them will follow you back.
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$150-200+on every post, not his followersCould you please point me where did you read that was an abuse?. sounds like you just had to tell @thabiggdogg something back because he called @haejin a scammer. That may be your own view, i do not see nothing about that on the Blue or the Whitepaper
Pd: By the way, did you read them do you?
sublimateDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
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@crypto.piotr
this user @truthtrader is getting flagged for sharing some light on the subject, look the downvoter, is @starjuno. He does not have the decency of downvoting it himself
can you start to see the voting ring?
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@sublimate
Thank you for your kind reply.
Im very new in this community and obviously Im not sure how things work here. Ive been actually reading @haejin content and I found some of his posts quite useful. He isnt my fav author but I still couldnt understand why there is so much hate in the air.
I start to realize that there is some sort of flagging war happening here and it seem to backfire on regular users a little bit to much.
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@sublimate one more time thank you for your time and explanation. I really appreciate it. I noticed that you published some interesting content in the past and decided to follow you.
Cheers :)
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Hello @crypto.piotr :)
I am also pretty new i joined this jan and like you i also do not know how some things work, it is a learning process
Yeah, i understand. People that are giving him flags are in disagreement with his reward earnings and some also disagree with his content.
Yes, that's right. Some people prefer to stay away in case the comments or flags backfires at them. Also some people think there is no issue to deal with.
i still need to learn more about what is and how it works, the Reward Pool. and if this account @haejin is really draining the pool.
I think the concept of the pool is that you can get upvotes (sbd's) from it but also there is a need to give others upvotes (sbd's) . i will give it a read again tonight (to the whitepaper)
Thank you for your reply!
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Thx. Resteem.
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This is a great post
Please can you emphasize more on the continuous fall in bitcoin?
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Another great post. Thx buddy. Im quite new on steemit and so far you are one of my favourite content creator here. I follow and upvoted. Please continue with writting such an usefull posts.
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Price formed a double bottom at $8400 which also means the downward momentum has subsided. The buyers are trying to hold off the sellers. Price is trying to absorb all the sell orders at $9350. If the buyers can take out the sellers at $9350, the next stack of sell orders is at $10000.
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Nice to know
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Nice explanation! A couple months ago we were under the impression that 6K-8K might be an unfortunate realistic bottoming of the price...at least we've had a run that's broken 10K! I have a feeling there might be a little more bouncing ahead...but then we are going right back up past 12K and much further! Patience my friends! HODL!
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Hello,don't forget US Marshall will soon sell about 2000 BTC.It could make some incidence on price?..
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thx!
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Thanks. Can you do an update for Dragonchain?
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bullish mofos!
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Sounds like you full tethered
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nice analysis thanks for the post
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BTC = $9,223.99
24h -2.1%
1h 0.81%
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This,, is a great post
Please can you emphasize more on the continuous,, fall in bitcoin,,
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This is, a great post
Please can you emphasize, more on the continuous fall in bitcoin,,
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i've been following this for a quiet a while and i have to say its unreal that he gets paid 200 usd for every post he makes couple of times a day for this
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Let's think a thousands of people are in the stadium being under restraint and there is only a bottle of water. How much can you guess the price of a bottle of water? 200 usd ? 10 usd?. I wouldn't think it is unreal if it costs more than 100.000USD.
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Dammit @haejin, I can't even count the number of times I tried to suggest it was a browser extension!! :P
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Here's some value for the bitcoin debate that has nothing to do with TA. https://steemit.com/cryptocurrency/@shanghaipreneur/community-brings-value-to-bitcoin-and-other-cryptocurrency
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Please update. Appears the trend line has been taken out?
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Congratulations @haejin, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 51 and the total pending payments to posts in these categories was $2450.09. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 166.73 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".
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Dear @haejin
You have been flagged via the flag-a-bitch app. The reason is you have been found to be Raping the reward pool with a rate of around 2.133% of the reward fund. To add onto this, your TA's are so horrible that a simple check with a mock portfolio will provide a negative value.
The flag-a-bitch app is being used on you because of your consistent blattant abuse of steemit through means of: abusive self-upvoting, collusive coting groups, and disagreement on rewards. Since we deem that you have been damaging the steem economy, we flag you.
If you would like to help us out with our quest to fight abuse you can check out our post here.
Thank you!
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you guys act like his stealing 100s of dollars from you personally. His not stealing anything from you, so you must be either jealous of how much he makes or mad because you blindly followed his advice and lost money.
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