Bitcoin (BTC) Morning Update: Higher Highs Expected...Short Term $23k!!

in #bitcoin7 years ago

SUMMARY

I believe Bitcoin and Altcoins will become phasic...in other words, both go start going up in tandem. If this is the case, then the below chart shows BTC doing a brief interlude of consolidation before likely moving up to tag higher highs! Once the run towards $23k starts, I believe the Altcoins will join and start making vertical; parabolic; Orgasmic lunges to never seen levels!!

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Legal Mumbo Jumbo: 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.**

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WOW, I love this prediction, and... I am especially waiting for the altcoins to

start making vertical; parabolic; Orgasmic lunges to never seen levels!!

@haejin, you never talk about KucoinShares, please look, isn't that beatiful:
kucoin3.PNG

"start making vertical; parabolic; Orgasmic lunges to never seen levels!!"

We made need to label this "NFSW"....

Do you think KCS is in wave 1? I'd love to see analysis as well as wondering if should sell some or all I own...

Do not sell it, they will only go up. Occasional dips would not hurt KCS, just look at the volume... is getting higher and higher.

Oh guys, maybe I will get more lucky here with you, looking badly for some info about this coin:
https://coinmarketcap.com/currencies/petrodollar/

Funny...just went to Kucoin site to sell some...something made me hesitate...must have been your ESP!

HODL

HODL!!!!!!!!!!!!!!!!!!!!!
Look at the volume here:
kukoin34.PNG

I see...but...already made a nice sum...how do you handle when to cash some out? I've been through a few of these type altcoin explosions...they can end sharply...

I look at the market, what's going on there and I surely know that Kucoin Exchange is growing daily, new members are joining, new partners are coming... and most of them are getting some KCS coins for they are earning free bonuses while holding it.

Plus look, there are only 181,043,076 total KCS suply, a lot of room to grow ;-) Even silly Alexa stats is a good indication too:
kualexa.PNG

Happy Hodling ;-)
again, if you see a dip, do not worry, just HODL ;-)

I’m reading the Elliott Wave Principle. Thanks for the recommendation Haejin.

Haejin your a legend. You deserve all STEEM POWER.

Same here, good luck to you and I'm looking forward to see some analyses from you :-) Best of luck and a successful year 2018!

I've been studying his tutorials for days and will continue until I master it. I've been following his advise for weeks now and making big gains. Thanks haejin!

hahahah thats epic!

Thanks Haejin as always! I finally have an account here to post and I just want to say I'm ready for the orgasmic lunges! Lets go!

Screen Shot 2018-01-03 at 10.15.11 AM.png

I'm not sure what's pushing the price of BTC up. Certainly not the usability of the Bitcoin Network!!!

The New Year is starting off great for cryptos. Plenty of new ATH's all around. Lets keep it up.

Thank you!!

BCH breakout