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RE: BTC – Elliott Wave, Price Targets, and Chart Patterns – PLUS: A Chart-Cast VIDEO overview!
Yes, very helpful. Thank you! Does fundamentals/headlines ever play into your “bias” when choosing the primary count or do you blank it out as best as possible and let the chart speak for itself? Also safe to assume, you have a long bias toward bitcoin?
In theory, all of the headlines and fundamentals are already factored into market prices. As such, the charts pretty much rule. Although I do not have a position, yes, I have a bullish bias in bitcoin simply based solely upon the long-term price action to date.
Thanks again for your time and response. Your initial blog got me interested in your alert services. I’ll be signing up for a month trial!
Great! Look forward to having you!