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RE: BITCOIN (BTC) Update: NOW IS NOT THE TIME TO BE TAKING SELL ACTIONS! NOW IS THE TIME TO TAKE BUYING ACTIONS!!!!
I think we are in the same position as in June, when we hit 3000 there was a massive drop, then a back to normal for a few weeks and then a bigger drop.
On that time the drops where due to uncertainty due to segwit. Now there will be I think bigger uncertaity because of segwit2x and the no replay protection.
What do you think about that...? I would like your opinion because Im not an expert thanks...
Elliott Waves states that a news or an event shall arrive to justify the forecast and not the reverse. Your thought process is in reverse of this statement. I'm only going from TA and onwards.