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RE: BITCOIN (BTC) Update: A Fractal Supports the Expanded Flat Correction to a New All Time Highs..Don't Miss This Video Analysis!

in #bitcoin7 years ago

I think the most important fact supporting the expanded flat projection is that this b wave up has the typical corrective structure. You don't see any strong moves up anymore. Just slowly dabbling up. This is a sign of internal weakness of this move up.

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Well put. Upvoted comment!
Yes, definitely not actionary waves for current B Wave. Though it might fool many into thinking that alls well should BTC crawl to a new all time high only to devastate their clear sky expectations with a crushing C Wave down.

Yup, not many will expect a huge drop after the new ATH

I just can't understand why. The ebb and flow of life is only ups and downs. And to different degrees. I mean I could almost label a crypto chart with the ups and downs of my life experience. Ups and downs. I have only been trading cryptocurrency since June 1st and it seems natural to me that the action of a coin shorting up in price will draw an opposite reaction of it falling. It's all fascinating and I love the dialog. Thanks you two!

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