Bitcoin (BTC) Short Term Update: The Final Elliott Wave Touches?

in money •  7 years ago 

SUMMARY

Posting some Crypto analysis today. BitcoinLive founder's membership closes midnight!! If you received the registration email, consider taking advantage of the discounted subscription price!!

Bitcoin (BTC) Short Term Update: The blue circle shows a potential pricepathway of BTC. The purple waves have been updated and it shows a scenario where purple 1,2,3 could be complete and 4 is getting its final touches. Purple 5 is still targeting the $6,300 zone or so. Let's see how the overnight price action plays out.

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.

--

__

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

was thinking of joining but then i remembered you where wrong on almost everything , not hating just the truth https://steemit.com/bitcoin/@haejin/verge-xvg-new-all-time-highs-dead-ahead

He was not wrong, just systematically misses bearish moves, that's it. 😂

No shit, that got me rekt and he was saying "people need to be more patient and stop whining" as it went down...then it was "4c should be the bottom"

Sorry Haejin, but you've lost a fan because you rekt him

Wow, impressive. I got a lot of information. Thanks for sharing this arthicle

I have lost half of my capital in bitcoin trading but i will gain more money in the future, i believe it......:)

Wasn't a lot of this latest drop related to the Korean exchange hack?

But there are lots of research that suggested The Korean Exchange is not such a big exchange platform that can create such a big impact.

its a bear market , the drop was already in the cards for many months , any bad news just magnifies it ,,,

Well, you don't lose it until you sell it. HOLD.. lol

Haejin re you seeing 4/5k like few other analysts are?

He addressed that in yesterday mornings update. In short: no because of contamination of his own TA.

I understand that, and know he has said that before.
Yet I don't see how it contaminates , we are human and all make errors from time to time.
Viewing someone else's work perhaps could be enlightening, maybe realizing you missed something or confirming your own views. Relying on one viewpoint I think is dangerous and will result in losing money.
Plus viewing someone else's views can be simply that, doesn't mean you have to accept them.
He used that late last year and his calls were wrong, perhaps that could have been a good time for an alternative viewpoint..
Don't get me wrong I am not against him, think he means well and sometimes is spot on, just cant be always no matter who you are, that's why I read and follow several views helps me make my OWN decisions.

You always predict 2 or 3 method.

Look how this meets up with the downward wedge (Excluding Wicks)

Thanks for the info. Nice Technical Analysis.
I also put forth some daily TA. Please do check out and let me know your views- @abyzee

Loading...
  ·  7 years ago Reveal Comment

@dave19428 you're on the @abusereports naughty list!

Bad Steemian! Bad!