RE: Bitcoin (BTC) Morning Update: Head & Shoulders Bottom Complete!
@haejin, you just saw this thing totaly wrong. It now is in a 5 wave triangle going between $ 9.000,-- and $ 8.000,--. Wave three (down) is about to complete untill it touches around $ 8.300,--. Once it hits that it's gonna go up to form wave 4. Wave 4 will bounce of to create a wave five at the end of the triangle. After that we can all make ourselves up to go to a new lower low. Mark this one: $ 2.500,--!
If you don't believe me, dive into U.Cash and try to find a good explenation why this became a 1.7 biljon dollar company overnight. In reality this coin is worth nothing!
Over 70% of cryptocurrency is worth totaly nothing. People are gonna notice that more and more. Guys again, look at the market value of these coins, it's insane. And most of them are still extremely highly overvalued.
...........and if you don't believe me, roughly said U.Cash only has 1/3 of their coins in circulation!