Bitcoin (BTC) Evening Update: Impulse waves 1,2,3 and 4 complete. What does this mean? Check out this Analysis!
![](https://steemitimages.com/DQmV7DYu1BXRcESjnviy1SJL5YwkeGLnBo3W4dPY145ULHM/image.png)
SUMMARY
Bitcoin (BTC) did a quick bullish piercing of the support line and came right back inside to start impusling. To that end, blue circled waves 1,2,3 and 4 seem to be complete and so we should swing back above $6,000 with blue circled wave 5. These will be the subwaves of white wave i and so a correction for white wave ii should then be next as shown in below chart.
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66
![](https://steemitimages.com/0x0/https://s1.postimg.org/231h83mh7z/U5drx_NFe_Q4_Nn_YGEb9rq2_V47_X6_Yk_AQsm.gif)
Legal Mumbo Jumbo: 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.**
Haejin, It seems to me that I've found something. Please tell me what you think.
![Haejin2.png](https://steemitimages.com/DQmS6StVvMWfvfCo7Vid6PyTwmf9Fd2uSuZbvNdyhSAeDni/Haejin2.png)
Today I looked at prices and I've found some similarities:
If history repeats itself, then now is the perfect time to short Bitcoin.
Hi @haejin Congratulations once again congratulations my good friend your pictures are awesome and very is very good post too great is your pictures I liked so much that you always upload such posts and pictures
I wish you MASSIVE profits!!
I wish you MASSIVE profits!!
Hi @haejin very nice video
i am concerned...if there is something that can stop BTC in the future !?
Technically I think we should go down. But those friendly BTC forks are designed to create free money and boost price. We all know so it will beat all charts. I don't think there is a point wasting time on BTC charts right now we all now "when there is a fork there is a way" for price to increase lol!
Thank you!
very informative
Can I buy you a new microphone?
LOl! Thanks but I have a better headset at home. Audio should get better Friday night.
Hello Haejin, thank you for the update on BTC. I have been following you for a while now and learning every day. I hope I can post a coin request here. I was looking at MTL chart today, trying the ElliotWave theory. It looks like wave 3 has just started. Could you take a look at this coin please? Maybe my count is off as shown in the little chart.
MTL_wave_3_start.jpeg
I think the BTC trend will be bullish up to the end of the year. The same was for 2016...