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RE: Bitcoin (BTC) Morning Update: Correction Likely Not Yet Over

in #bitcoin7 years ago

Keep in mind guys that according to Elliot theory that the E wave in triangle corrections may not complete. This is stated clearly in the test Elliot wave principle (see page 49 of Elliot wave principle - Frost and Prechter). While I do expect a downturn, I do not expect a lower low. I would personally be surprised if we went below the 9-10.5k$ buy zone again.

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are you surprised now?😊

haejin TA is like this pile of poo!!
image

haejin TA is like this pile of poo!!
image

haejin TA is like this pile of poo!!
image

haejin TA is like this pile of poo!!
image

haejin TA is like this pile of poo!!
image

haejin TA is like this pile of poo!!
image

haejin TA is like this pile of poo!!
image

its broken the important 1103 resistence already !

yeah but there wasnt soooo many weak hands back in them days, traders where pros.