How are Stocks & Bitcoin inter-related?
I strongly recommend viewing this analysis as it can provided unthought of ideas.
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BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
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.
I was expecting more of a 4K-4.5K or even little above 4.5K. Is that possible? I didn't know practically anything about EW when I was thinking of my predictions. So I may be wrong.
That would stretch the fibonacci but it could.
This isn't something I'm completely sure of, but can BTC go down while Alt go up? Wall Street may get on BTC but not so much on Alt. Cryptos can be seen as a safe heaven asset akin to gold. Wall street may have to sell but the buying demand will also be high.
http://www.visualcapitalist.com/comparing-bitcoin-ethereum-cryptos/
BTC has been massively loosing its influence over crypto space and it could stop being the moon that drags down everything. I'm not 100% sure on this. But I'm willing to put my soul behind your Melt Up followed by crash theory. Hats off to your call. I think you nailed it.
Bitcoin is the moon that pulls the tides. When Bitcoin sneezes a cold, the Altcoins catch the flu.
@haejin Thanks for publishing this Charming instant in time for yourself..
How did you come to a projection on the S&P 3,500?
Agree with you that liquidity drawn down certainly will cause correlation of all assets to spike to 1. This liquidity super charged bubble from Greenspan days have gone on for too long.
Not sure the safe haven asset though
Fibonacci ratios.
Apologies for lack of clarity.
I understand from Fibonacci ratios - but which one for wave v - 1.618 ?
Wave fives are usually equal to wave 1 or 0.618 of wave 1. However that is stocks. For cryptos, as I've been showing in every videok, wave 5s are extended and not wave 3s. So, it's usually 1.618 or more of wave 1. It's a bit of an untraced territory.
Thanks Haejin
Will send you some bitcoin - unfortunately my buy orders haven't been filled. I hoping for Wave C - a pullback for my buys to be filled
You are absolutely brilliant. Please see your wallet! Thank you as always.
Thanks!
Haha...well I only sent the money to send the message!
ooops....lemme try that again, I sent the wrong one....sorry about that, try this one if you please....check wallet.
Please send me a direct message via Twitter: @haejin_crypto
What is the time -frame you are looking for, for the top of wave 5, end of 2018?.
If stocks and cryptos crash at the same time, what would be the best asset class to me invested in, gold?
What does historically happen to gold and silver during those dips?
He says in the video, short term bonds such as Treasury Bonds are a good safe haven during the correction.
Pretty BIG lesson learned! Glad I scrolled all the way down... Can't hide my feelings atm.... feeling pretty scared.