Nightly Bitcoin Report

in bitcoin •  2 months ago

bitcoin_PNG48.png

I wanted to publish the entire report in full here, but we have to wait for Google to index it. That's happening slowly, so I am posting the link here.

Note that I wrote this last night before the current breakdown. This breakdown is close to invalidating all my alternate bullish analysis and close to confirming my bearish take.

https://www.elliottwavetrader.net/p/analysis/Another-Key-Juncture-Nightly-Report-September-4-2018-201809054872096.html

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Wow, such bearish sentiment wrt a rapidly rising tech never ceases to amaze me! Seeing those numbers in the $4000s was not what I expected!

Having said that, I love your "waterfall" Y wave and personally think that it is pretty much spot on - at least in my estimation of the medium term future.

Time will tell.

Bitcoin Saw a Selloff Today Losing About 6.5% As It Stands

I had posted a RBY Trade this morning that kept many folks from losing out and actually gain BTC and USD. A few hours later RBY has already moved +10% to grow portfolios in this crypto bear market.

-The ฿itcoin Profiteer

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So do you think this was just wave 1 of 5 of c, or maybe 1 isn’t even done yet?

42BDDEDF-D280-4226-8B06-6F9BAA39D2F4.png

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I'm on the fence. Not enough info yet.

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