BTC update 02.08.2019
BTC is kinda close to the next 3000$ drop.
In fact, wave B of 2 could already be done, or is about to be done. One push higher to 11300-11900 is possible, but not necessary any longer.
This correction looks like it is either going to be ABC (3-3-5) or WXY (3-3-3).
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Actually I called this move in my last post already. click to read again
I prefer to see close to 7k again before wave 3 will bring us to new all-time highs in BTC.
Guess where I will be buying BTC and STEEM? I have two tranches of investment capital left and if this expected move down lasts until early September, those tranches will be even bigger... wish me luck, and stay tuned...
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If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
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How confident are you of a 3k drop in btc. I'm not saying it won't happen (because it definitely can), just that after watching btc for so many years, its been a wild ride. I'm holding cash and ready to buy a drop and thought I missed it when it was floating around 9. 3k lst week. I even had a dream it went down to 300 for a brief moment in time!
I am quite confident that it will happen. I would give this a chance of happening of 85%. As you can see I predicted this wave B and now it looks very similar to what I had predicted.
I also have money ready to pump into BTC and STEEM. But, I must say that I already have some good positions in BTC. I bought some at 4700, 6500, 8300 and 10500... now looking to buy the biggest tranche between 7500-7000.
Anything under 20k is a good price in my opinion if you plan to HODL for 2 years... So if you are feeling uncomfortable that you might miss the rally, you could split your amount to invest in 2-3 tranches.
This way you are guaranteed to not miss the rally entirely because there is a small chance that the correction is done already and the price starts exploding now.
Ok nochmal die letzen Reserven mobiliseren. Hahaha.
Klarer resteem und auf FB geteilt.
Very much appreciated! Let's get the news out so that as many "small guys" as possible can profit from this info.
Ups, manchmal denkt das Gehirn einfach in Englisch :D
Du sagst es besteht eine geringe Chance dass es das bereits war mit der Korrektur. Ab welchem Preis würde sich dies bestätigen?
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Leider erst ab 14500 wird eine Regel verletzt. Dann ist es aber auch fast zu spät.
Ich bin aktuell auf dem Trading Konto BTC short und werde bei 12300 noch einmal nachkaufen. Ich denke aber nicht, dass er es bis dahin schafft. Das ist eine Welle B/X wie aus dem Lehrbuch...
Dank dir! Bin gespannt was die Tage passiert.
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