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RE: Bitcoin (BTC) Evening Update: An E wave or a D wave?
Yes, it is just too bad that his analysis is wrong and the btc/usd price action is actually in an expanding triangle. I cearly illustrate this in my most recent blog post: https://steemit.com/bitcoin/@investingtips/bitcoin-to-crash-again-how-to-trade-an-expanding-triangle-tutorial
your analysis is just another possibility, until the pattern that is actually taking place has been confirmed, it's anyone's guess at the moment. and either way, there are two out of three possibilities that could lead to a break out upwards, symmetrical triangle and expanding triangle.
So the analysis confirms the price could go up, sideways, or down. That is the valuable type of analysis I like to use to make HUGE day trading profits.
I doubt anyone else will realize that those three probabilities exist. GENIUS !!!