Bitcoin (BTC) Morning Update: $17,812 Dead Ahead!!

in #bitcoin7 years ago

SUMMARY

Bitcoin (BTC) overnight action has given greater clarity to the price subwaves. The below chart shows that a bull flag was formed overnight and this can easily be labeled as a,b,c,d,e and all waves are complete. So, it should be a very bullish day and price should start impulsing as shown by the white subwaves. So, $17,812 is dead ahead! Video has more details!

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Elliott Wave Counting Tutorial #1
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Elliott Wave Counting Tutorial #3
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Tutorial on the use of Fibonacci & Elliott Waves
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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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ye it can happen but it can even move to 20 000

I put my bet on double top pattern formatting. Check my analysis.
And if it fails @haejin option is second solution!

Always good to be aware of multiple possibilities but stay focused on the probabilities.

Fabulous !!!

Nice analysis, thanks.

Definitely looking bullish. Good to see bullish sentiment in the futures market also.

Thank you! Bought both books. A MAID review would be appreciated!

This post received a 4% upvote from @morwhale team thanks to @cryptomagic! For more information, click here! , TeamMorocco! .

Thanks for the insight @haejin as always! I know there's a saying that there is no such thing in Bitcoin, but I was thinking double top from the chart pattern and combined with the big drop in volume, but I will eagerly await the next movement and wish everyone massive profits!

Thanks again!

If your not a millionaire Haejin then you mustnt want to be. Please God i can learn to read waves like you because when i do, i will be a billionaire in 10 years. Simples.

There is not even one cell of doubt in my mind. When you path the A B C correction and see the wave follow your route, you think to yourself i could have 10,000 on this falling. As you mentioned, it really is the darkside, Anakin skywalker kinda power.

Maybe I am the last Jedi knight...lol

Lots of action happening in LTC. May be you could give us a heads up.

As of today #Bitcoin is part of the elite. Only this time, the elite cannot control it. Next stop for #Bitcoin is to be as big as #Gold.
Bitcoin Lighting will scale and will compete with Visa/Mastercard