BlogHide Resteemsyoup (50)in bitcoin • 11 days ago"...the price of any commodity tends to gravitate towards the production cost...", Satoshi NakamotoWell, if the purpose of this drop is to scare the bulls, they've succeeded. Some are even questioning if the move up…youp (50)in bitcoin • 15 days agoWave 3 progressing, part VThis is going down too fast now. I think I need to relabel as above, or something like it. The October impulse has…youp (50)in bitcoin • 15 days agoWave 3 progressing, part IVSevere pressure by the bears is put on the price of bitcoin. I had expected the 61.8% retracement level to provide…youp (50)in bitcoin • 23 days agoWave 3 progressing, part IIIThe situation is pretty clear. We have made a impulse up (from the October 23 low to the October 26 top) and are now…youp (50)in bitcoin • 26 days agoWave 3 progressing, part IIWithin the larger wave 3, we have completed encircled wave i and are about to complete encircled wave ii. Looking…youp (50)in bitcoin • last monthHave we broken out?The total crypto market has broken out of the downtrend on the weekly chart. For bitcoin however, it's not so clear.…youp (50)in bitcoin • last monthWave 3 progressing, part IThe wave 2 bottom has been set at almost exactly the 61.8% retracement of wave 1. Wave 2 started on June 26 and ended…youp (50)in bitcoin • 2 months agoWave 2 progressing, part IXNot much has happened during the week. If anything, yesterday's move up makes it less likely we're in an impulse down.…youp (50)in bitcoin • 2 months agoMore than two years of blogging on crypto; what are the results?The main purpose of this blog is to order and store my thoughts. I generally remember what I've thought and expected…youp (50)in bitcoin • 2 months agoWave 2 progressing, part VIIIWave 2 is progressing as expected. A first move down, which looks like an impulse, has completed and with that the…youp (50)in bitcoin • 2 months agoHalvings, stock to flow and bitcoin pricesThe current theoretical price for bitcoin, according to the 'Stock to Flow' model is about $8300. So, we're nicely on…youp (50)in bitcoin • 2 months agoWave 2 progressing, part VIIJust a quick update as prices seem to be finding a bottom on both a downsloping trendline and the 233 daily moving…youp (50)in bitcoin • 2 months agoWave 2 progressing, part VIWe're going down and that's good news because the wave 4 triangle scenario is now of the charts, meaning when this…youp (50)in bitcoin • 3 months agolitecoin leading bitcoinWhile bitcoin is still on holiday and categorically refuses to move, some of the altcoins are significantly improving.…youp (50)in elliott • 3 months agoWhat if bitcoin is in a triangle?For some time I have been working with the above count which assumes wave 1 has completed, and we're now in a wave 2…youp (50)in bitcoin • 3 months agoAnother month, another 'Stock to Flow' multipleThe 'stock to flow' multiple for August clocked in at 1.71, which means that at the end of August the price of bitcoin…youp (50)in bitcoin • 3 months agoWave 2 progressing, part VAs expected, prices are moving nicely lower, trying to find a bottom. When we look at the volume profile indicator…youp (50)in undefined • 3 months agoCounting chickens before they hatchOne of the more pleasant activities in life is to calculate yourself into great prosperity. And that's exactly what…youp (50)in litecoin • 4 months agoLitecoin is ready to rally (more detailed chart added)Litecoin often preceeds bitcoin in the sense that it starts moving, either up or down, just a bit earlier than the…youp (50)in bitcoin • 4 months agoWave 2 progressing, part IVWell, how wrong can you be. I thought we were going to correct sideways because the 3 and 8 hour chart looked very…
