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RE: Bitcoin market dip - BTFD or DIE?

in #bitcoin7 years ago

Yes, experience is biggest profit right now. But other profits may follow. This market is crazy. What what I see now when I look at BTC/USD 1 hours chart is wave 1 almost done, subwave 5 probably forming up and going to 12400. Other cryptos like LTC, TRX, SNC, STORM, XRP, seems to follow that pattern with BTC. Amazing how market is so dependent on BTC performance. Maybe it will panic once more when subwave 5 is done and start freefall in that correction. If all the panic sellers are not away already :D But we may be out of the worst...
BTC.jpg

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Seems we got the bottom confirmed, at least on Hitbtc:

Tide is going up again :)

Or... it is just ABC and we continue down as @haejin suggested. I better put some stops at A or B...

I am not setting any stops here. We should know within hours if it went down as Haejin's. Your last chart here too indicate one more wave on the last subwave, so it is probably needed.

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