Bitcoin (BTC) Morning Update: Microwaves Show a Symmetrical Triangle

in #bitcoin7 years ago

SUMMARY

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@haejin, How will you count Elliot waves if this fall below $6400? ABC correction from ATH 19,800 from December? so wave 3 of C is on going ? Wave 5 is coming next taking BTC to $2500 range??

I can see two reasons why this case isn't very likely.

  1. I can't find the way to count 12345 subwaves in your big 1 down.
  2. This would mean extended 1st wave down. And extended 1st is very rare. Even more when it comes to Bitcoin.

This one looks more scary to me.
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Congratulations!!!!!!

Today is your lucky day. You are the winner of Steemit’s Lucky 7’s game!

Congratulations!!!!!!

Today is your lucky day. You are the winner of Steemit’s Lucky 7’s game!

Congratulations!!!!!!

Today is your lucky day. You are the winner of Steemit’s Lucky 7’s game!

Congratulations!!!!!!

Today is your lucky day. You are the winner of Steemit’s Lucky 7’s game!

I think a bounce is well overdue. We will eventually roll back up to 20000

Nice.
I was thinking the same.
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