BTC update 19.08.18

in btc •  2 months ago

A new unexpected long count appeared !

This needs confirmation of course, but I like the shape of this pattern.

bntc112.JPG

It could mean that the terminal low of this correction is already in !

But it could also mean this is still only wave A like this:

bntc113.JPG

Or this:

bntc111.JPG

But all in all I think this is great news. All three of theese new counts hint at an end of correction later this year.

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I'm in for the long run and don't have any fiat at the moment to invest. So I'm fine with either of the scenarios.

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lol, didn't follow haejin's advice?

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Ended up investing everything I had during the earlier days of the dip. I don't really have much money. So it's easy to run out of funds.

I keep thinking more and more it’s mirroring last year to a degree, with Nov/Dec again being the time the market will rally and before that it will just be this back and forward between 6-7k odd BTC...

bearish tho, the new down trend count has started already , not seeing a higher high, currently is wave 2 retrace

useful information thank you