Bitcoin (BTC): A Primary & Alternate Count

in #bitcoin6 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. Below is an excerpt of a recent Bitcoin (BTC) cycle analysis.

Top ALTERNATE COUNT: There is a potential for a nested 1,2 where the yellow 1,2 waves are the subwaves of white 3. These are subordinate to the white 1,2. There could also be another smaller degree of trend 1,2 for the subwaves of yellow 3. This type of nested events can generate a stair step ascent in price.

What about the primary count? To learn more, visit my Crypto Analysis at BitcoinLive

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thanx

inş dediğiniz gibi çıkar

We shall go up...all the way up!

Yes up we go, NOT

your yellow 2 went below the origin of yellow wave 1, last time i checked EW guys like you call it wave failure :)

Do you know how to analyze it?

Very good post

Hello @haejin, post is really good. Last bitcoin price was very much up/down during last two week. Chart is as below -

But Altcoin Constantly going down. Ethereum Chart is as below-

Would you please explain what's the future Altcoin.

We saw this quite often during last Fall where BTC would rise and the Alts fall temporarily. As we know, the Alts easily caught up and some. I believe the same scenario could be occuring nowa days.

Many are back near Dec lows.

Yes, for the Altcoins. Last Fall we saw simlar activities where BTC rose but Alts fell...but they caught up.

My primary call for BTC is for a potential test of the $5,200 or so by Sept.

You're not the only one calling for a test lower. Ever since we lost 7300 I tend to agree, although 6920-ish seems ripe for a bounce.