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RE: Bitcoin (BTC) Evening Update: Could the Bottom be IN? Check out this Analysis!
steemmatt,
I think if you review Haejin's videos you'll find he's referring to a deep 3 wave correction following the final 5th wave up at cycle degree, which the market hasn't completed yet.
Do you think that when Haejin prediction of BTC drop to $500 comes true it could actually be because BTC has been dethroned as king by BCH (or other crypto) and that BTC would then never recover ?
Possible! But probable? Probably not.
hey haejin
what do you make of todays action ?
https://cointelegraph.com/news/bitcoin-classic-shuts-down-as-staff-claim-bitcoin-cash-will-rule-in-6-months
or the rumours that Roger Ver could dump 25k BTC
https://www.reddit.com/r/Bitcoin/comments/7cefom/roger_ver_just_sent_25k_btc_to_bitfinex/
I know you always preach news or an event will arise to justify the forecast - could this be what sinks BTC and ends wave V ?