RE: Bitcoin (BTC) Mid-Day Update: Just Beautiful!

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Bitcoin (BTC) Mid-Day Update: Just Beautiful!

in bitcoin •  7 years ago 

I have posted a similar chart on this blog as well. I've labeled your blue ABC as WXY because an ABC has 5-3-5, whereas WXY has 3-3-3 (which is confirmed by both of your red abc zigzags).

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Lets see who's right. 😉

Fundamentals are bullish; Technicals are still mixed imho

It's good, confirms the analysis