Crypto Contest June 19: Bitcoin

in #bitcoin7 years ago

Bitcoin has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, Bitcoin started a wave one advance on January 12. The wave one finished on March 10, and the wave two correction ended on March 25. The wave three advance finished on June 12, and the wave four correction ended on June 15. If this wave count is correct, Bitcoin should be heading next towards the June 12 peak in the wave five.

(Chart courtesy of Tradingview.com)

If you think this analysis is correct, upvote this post and upvote the comment "Bitcoin will takeout the June 12 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "Bitcoin will drop below the March 25 low".

If you think Bitcoin is in a range, upvote this post and upvote the comment "Bitcoin will stay in a trading range between the March 25 low and the June 12 peak until July 19".

You can upvote the comment until 3 PM EST June 20 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.

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Bitcoin will takeout the June 12 peak (24 voters as of 3 PM EST June 20: bleujay, otisbrown, simonjay, yefet, kooshikoo, dinoo, allyouneedtoknow, soundmoney, cassidyandfranks, futurefood, eirik, abh12345, daniel.dalo, starline, jznsamuel, damla, skririm, poppy.poppers, pinagpala, fjccoin, ragnaros, imvictus, mprgrmmr, mbiggs51184).

Lets go.... 8)

Go bitcoin :)

Bitcoin will stay in a trading range between the March 25 low and the June 12 peak until July 19 (14 voters as of 3 PM EST June 20: freiheit50, me-tarzan, ikilledcobain (did not vote main post), libert, coolthings, lepton, cryptocrusaders, steemit.nemesis, thatsweeneyguy, andy23, flemingfarm, stay9n0, schneidor, lig007).

Bitcoin will drop below the March 25 low (5 voters as of 3 PM EST June 20: twinner, spinbunny, mirda, patcher, acid78).

Bitcoin will takeout the June 12 peak! Good post, I like to see how the majority are tuned on bitcoin! :)

Nice contest @maarnio . I made a post about some basic investment tips. It may be useful for you as well. https://steemit.com/cryptocurrency/@patcher/investing-101-5-basic-tips-for-beginners-in-cryptocurrency

Thank you patcher.

So is there a way to see who upvoted those comments? As far as I know you can only see last 20 last people who upvoted.

Bitcoin will take out the June 12th peak

Have a nice day. Great post. Thank you.

Thank you nezaigor.

Bitcoin will take on june 12 peak.

Thank you oksanasemenova.

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