UPDATE 03.07.2019: Everything depends on the next drop. Will it break 10k again or not. For now, my count strongly suggests that it will.

This is why I bought BTC today (added to my existing HODL wallet).

I predicted this pattern a few days ago.

There are different possible counts as always, but those are the two most probable in my opinion. The move down could be complete (30% decline), and if it is, there might never be a better price for buying again. That is why I bought my first tranche today.

The first count implies that this was yellow wave 4, because for it to be green wave 2, a 30% correction would be very shallow and thus improbable.

The second count implies that BTC is still in wave B and we will complete green wave 2 by the end of the week.

I split the amount I wanted to invest in 3 parts. First tranche 50%, second 25%, third 25%. This way, if this is only the start of the correction, I will be able to buy in at much lower prices, but I also do not miss the rally if it explodes higher from now on...

Stay tuned for more updates...

image (5).png
If you think this to be useful information:

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

image (5).png
#bitcoin #btc #crypto #cryptocurrency #cryptocurrencies #steem #sbd #ethereum #eth #ripple #xrp #bitcoincash #bch #eos #litecoin #ltc #stellar #lumen #xlm #digibyte #dgb #cardano #ada #iota #tether #neo #tron #trx #omg #verge #xvg #bitshares #bts #nano #monero #xmr #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #money #life #altcoin #altcoins #trading #investing #investment #investments #forex #forextrading #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #spx #xau #xag #usdjpy #usd #amazon #amzn
image (5).png

Nice, thanks for sharing!

Excellent update!
Do you think we are in the second count and starting wave B? Would be a bit fast?

I think wave B will complete today and C down starts. Confidence below 10k. Target 8k.

Hi man, are you still on that count? still on B wave expecting the final C? or back to a simple A-B-C and we are going up again? I have to make a song: “ fomo is bitch, fomo is bitch, fooomo is biiiitch and fomo is bitch.. haha 😉

:D
Yes, the count is still very plausible. This will only change if BTC explodes higher, or drops below 11k and jumps over 12500 next.

Cloud it be that its not an ABC but WXY and nearing completion of subwave B of Y?

Yeah, but the symmetry would be horrible.

It can be many things right now. I'll update once a few alternates are invalidated.

This small move down looks corrective to me, so I am guessing 9600 to be the low and BTC going up again soon (second pic).

Congratulations @ew-and-patterns! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You got more than 3250 replies. Your next target is to reach 3500 replies.

_{You can view your badges on your Steem Board and compare to others on the Steem Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

BTC update 01.07.2019