Bitcoin (BTC) Analysis: Be NOT Afraid!!

in #haejin6 years ago

SUMMARY
On BitcoinLive; daily Crypto updates are made available while also, on demand analysis requests are fast filled. Join us as we have now opened up monthly and quarterly subscriptions. Use this link: https://bitcoin.live?aid=110.Here is a video analysis that was just posted on Bitcoin.Live of a Primary Count Projection I had been calling since July of 2018. ...Come join us for full access!

Primary Count

The white and yellow supports levels have held up the price for 9+ months and the range of the white Z remains to be $5,200 to $4,700. This would mean that the blue support level will come in play and given that it's a larger and thus more robust support level, it should provide the breaking and stop to the capitulative decline.

Short term, price is expected to temporarily pierce the white bottom trendline for wave (3) and that should hit at around $5,200. This model projects to the $4,700 level or so.

The below fractal model remains valid. The video shows the closeups of how the price wick should and is expected to be generated. This price wick was present in the 2014/15 correction. This is a weekly chart, so from now to Sunday, it would be ideal to have price action decline towards the $4,700 but rise back quickly and ferociously. We've seen how violently Bitcoin price can move up....only last year, BTC price climbed from $819 to $20,000. Never underestimate the vigor of Bitcoin.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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.

Sort:  

고생이 많으십니다 :)

How much further would this fall?

I won't be afraid haha.
Trying to add some more btc to my portfolio.
Thank you for the analysis!

I wish you massive profit!

Never Forget...MOOON!!!

YES! This is likely the capitulation phase.

The last people are throwing in the towel, that means buy the dip.

i just new that you come today and calm this hole situacion.
Thank You for that Haejin :)
If you be so kind to tell few words about Bitshares ?, your opinion...
Thank You in advance....

I believe that your posting is more faithful.

Thank you.

Cant wait for the bull market @haejin.
You should do a TA of Steem :)
I am sure that alot of people here would love to see it.

Posted using Partiko Android