Bitcoin Gold (BTG) Target $523 (104% Profit Potential)..The Rise of Bitcoin GOLD!! Check Out This Analysis!!

in #bitcoin7 years ago

SUMMARY

Bitcoin Gold (BTG) will soon follow in Bitcoin Cash (BCH) footsteps. BTG is primed and ready to explode upwards! (I've landed in San Diego, eating at the bar while tapping out this blog post. I'm using the BEER TIPS sent...THANKS TO ALL for the TIPS!)

The below chart shows that BTG is completing a downard pointing, bullish symmetrical triangle. The red a,b,c could have one more lower low but not required. I've labeled the sub waves of the red c wave..it's done or about to very soon. The resulting impulse waves UP will be very impressive as $523 could be put in!

Damn! I can't tell the difference between teh BTG/USD and BTG/BTC charts! You know what this means...BULLISH! The BTG/BTC chart too is also a downard symmetrical bullish pattern and the target is 0.0089 BTC! Unlike BTG/USD, I think BTG/BTC's red a,b,c correction is complete and most likely doesn't need another low. This is another MASSIVE profit potential!!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
--
--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf


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.**

Sort:  

good prediction but i think it wil move to 0.1 next month what you say

Am I wrong that a lot of people can't quite access their Bitcoin Gold yet? Couldn't that play a large role on the waves/analysis?

I was under the impression that there is no function chain or wallet at this point. So the current price is just a bunch of traders playing with the futures, no?

No. Public mining started today. MainNet went live today....not without a hiccup, but it is live. Markets, Wallets, and Mining are all active currently. https://bitcoingold.org/

Once the exchanges switch from futures to actual BTG, the price will dump.

Almost all of the mining networks had an error. The chain apparently split into two.....this info coming from the mining hosts. However, on pool.gold, my miner is currently collecting shares, not orphans. Issue should be resolved soon.

Yeah, I was wondering when people with private keys will have access myself.

We're forced to hold which isn't a bad thing I suppose if there's any spike per @haejin's suggestion.

Any update on this Haejin ?? Its seemingly borken downwards and is having problems regaining any ground - is this a hold or get out ?

Do you still think the price action you forecast is doable in the next couple of days ?

Craig

yes, please consider purchasing the recommended books. it will help tremendously to understand these price flicks.

Yep they are on the way and i am learning EW as i go - however i am interested in the fact that whilst EW is about defining the possibilities/probabilities for a given path, there always seem to be a new definition of an evolving wave that fits the reality after the previous theory fails. Being a begginer in EW i was interested on what the latest evolution of your analysis shows with the big dip of the last couple of days - based on your descending trangles etc we seem to have broken through the bottom on the downside and hence invalidated to the previous wave count ?

Can you please share the recommended books for Elliot waves once again.

Thanks Haejin
CHEERS!!! Welcome to the USA

AKA, Taxachusetts! LOL

MA has 4.9% income tax
California has 15% income tax

Thanks for your posts on your trip!

Sell trade buy, it's a gamble, thoughts? BTW nice article.😊 Looking forward for more. 😊 FOLLOWED

When George Soros made a Billion Dollars in 1992 dollars in a single day shorting the British pound or the guys in The Big Short movie made their trades or when I tripled my portfolio on Aug 1st to sell BTC and buy BCH near $200 and sell around $700 on pretty much the same day................ were we all just gambling.

If you think this is a gamble, you won't be making a lot of money here. The only real gamble is timing the market.

Yep make sense now thanks sir 😊 FOLLOWED

Welcome to trading and cryptocurrency!

Yep gonna need some luck 😂

All you need is to stick right here, read back, watch the videos, and learn to earn!

Thanks for the heads up ☺

Once @crypto-bot is complete, it will be much easier to peruse the old posts, and maybe they can highlight some of the best ones...but honestly, any video you miss, you miss a small piece of gold that may not be in another video. Some of them are long....but isn't it worth it to make money. Learn and earn, learn and earn!

Has anyone with BTC in an Exodus wallet claimed their BTG yet?

BTG at 316 USD, I did not see this coming haejin. A little bit later than you predicted but nevertheless. Will it hold, or is this a P&D?

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.031
BTC 62471.79
ETH 2621.42
USDT 1.00
SBD 2.56