BITCOIN (BTC) Update: Where are the price waves are going?
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Great post. Very informative.
One suggestion I may: On video posts you could post a picture of your final drawn prediction under it for quick reference.
Great suggestion. I'd also like to request stating the minimum projection you have along with the picture. BTW @haejin I was again the first person to like the video on YouTube.
Forget the "waves"...this is a tsunami!
Again your projections are incredible. You're so so so so skilled. I should have listened to you Constantly instead of sometimes going with my feelings. But I will now. So according to the updates, it looks like BTC is going down at least another thousand dollars. Is your projected bottom still around $2600 or so and if so that will cover in the next month ? Or is the bottom projected to be 3282-3000 according to your latest video. Will you post when it is time to buy?
I'm not a TA expert. But looking at fundamentals I see some resistance around $3000 if it goes below BTC could go down to even $2000. There will be chaos on so many levels and at the end of it all BTC will have lost a good portion of its dominance in the crypto space. The era of Alt-Coins is near.
Crashes are temporary. In the long run, holding on to your BTC will profit you.
Mid-term: YES
Long-term: No
BTC is the technically weakest coin in top 50. It's a pure bubble running on first mover advantage, being the poster boy for blockchain, censorship and BTC zealots. Dash, NEO, NEM, PIVX, Monaco, Maidsafe, Factom,Sia,BAT,Bytom,OMG,IOTA,WTC........those are great for the long term. They have amazing tech. They are usable. No massive waiting times or higher than VISA transaction fees.
BTC is nothing but a curse that is dragging down the other great coins.
@haejin Yes really good post. Followed