RE: Bitcoin (BTC) Mid-Day Update: BOTTOM COULD BE DONE!!! $26,440 Short Term Target!!

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Bitcoin (BTC) Mid-Day Update: BOTTOM COULD BE DONE!!! $26,440 Short Term Target!!

in bitcoin •  7 years ago 

So if I'm reading this correctly, we would need to see a higher high of roughly $15,500+ in order to confirm that correction is over (since you're using Bitfinex). But that hasn't happened yet. Therefore, there was no confirmation of Wave C yet.

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We had 15600 today. Haejin sees it as the end of a count of waves, and one is rarely sure how to exactly count waves as they fall into many sub-parts... if you see the momentary move as an upward triangle, we're waiting for a breakout - likely upward, but you know - shit happens. So the green highs would ideally be higher, but at this time they're lower...

Bullish my ass!

  ·  7 years ago (edited)

I said, 'but this time they're lower', and they got ever more low and then things went downwards again as I can see upon waking up. Not as low as I would have liked, though, but low enough to be glad I got out before we went to bed last night ;)
Coffeee !!

They‘ve been mch lower than now all night. I need to sleep. Lol. Will lock my positions.