Bitcoin (BTC) Morning: The Bigger Picture in Waves

in #bitcoin3 years ago

SUMMARY

Bitcoin (BTC) has been patterning out a small upward pointing wedge (blue) and this usually indicates a terminal impulse stage. The blue wave 1 has been positioned at the apex and blue 2 decline should be about 0.618 of the start of wedge. Waves 3,4,5 should allow the break of $10k.

On the bigger picture, the Elliott Waves jive quite well. Not the white waves and how its 1 and 2 are comprised of the parts of the Inverted H&S. The subwaves of 3 (purple) also fit well as its 2 should produce the RS. Most importantly, the MACD remains VERY bullish of an explosive move to come! More details in the video.

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.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Follow me on StockTwits for UpDates!!
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today @haejin's TA for bitcoin is also wrong again.

What's up asshole? Again shit.

Great again, everytime you say that the price will go up I open a short position and respectively long position if you say that the price will go down. I do a lot of money doing exactly the opposite your TAs. An if you say 10 times in 3 months that the price will go up but it go down and down on 11 time you may hit and the price may go up and then it will be time to say "KABOOOM xxx%", but who buy the bottom and sell the top ... ? If someone start buying on your up calls even 300 - 700% will be not enough to cover the loses! Deserved flag again!!!

Where is 8700 USD on your chart?

@augraphy you have been flagged for replying to @haejin the donkey.

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Thank you for this informatics

Consensus conference ... 14-16 May... you know what will happen after that :)

@darko-l you have been flagged for replying to @haejin the donkey.

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actually i dont know..but u guessed it

@namcmd you have been flagged for replying to @haejin the donkey.

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@alinabel you have been flagged for replying to @haejin the donkey.

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We need to get ahead of that J-curve that could possibly begin later, this month. It looks exciting!

@tjfire you have been flagged for replying to @haejin the donkey.

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yes exactly

@maarcco you have been flagged for replying to @haejin the donkey.

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so sad..oopps money is the big problem

Keep up the good work @haejin! Been following you for months and finally decided to signup for Steemit. Your posts are worth far more than what you are paid to write them when you consider the returns you've generated for many of your followers. I look forward to them every day. Much appreciated!

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@nhanvan3 you have been flagged for replying to @haejin the donkey.

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@romyjaykar you have been flagged for replying to @haejin the donkey.

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@cashunter you have been flagged for replying to @haejin the donkey.

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Okay
I am still getting to understand bitcoin trend very and how it works.
I hope I can get a little knowledge from your posts
Nice one

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Still don't what you're reasoning except jealousy for him bringing good content. On the other hand, your content sucks. So there's that.

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go away bot :)

Excellent friend, any type of cryptocurrency, remember that you can not stop things like the cryptocurrency. He will be everywhere and the world will have to be back. Why we have decided to put our money and our faith in a mathematical structure that is free from human or political mistakes.

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Mt. Gox Cold Wallet Moves 8200 BTC, I do not think we go up

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ZIG ZAG andBeaker Muppet.gif its all gone

@bartjans you have been flagged for replying to @haejin the donkey.

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Love trading? Full into cryptoworld?
So, you should start use TradeCheck - best software for traders ever!
Description, support and download mirror there: cryptofications.com

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Well.. you said it was in for a small downturn, it definitely just fell-off! Waiting for that big rebound!

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