Re: Analysis never ends

Quote from: SmoothCurves on June 25, 2015, 08:26:24 PM

Quote from: masterluc on June 25, 2015, 07:28:16 PM

SMA200 not broken, long term log trend not broken.

Just got emergency alert from my FX broker. 29 June greece will likely to default, extreme EURUSD and other pairs volatility and lack of liquidity expected.

I seat and think what it may mean to bitcoin. It is on verge of trendline. Will it break it up or will it collapse?

Maybe we get something like this: https://www.tradingview.com/chart/BTCUSD/TbsOOXfx-BTCUSD-IN-POTENTIAL-INTERIM-TREND-CHANGE-RETRACEMENT-BOUNCE/

This is what often irritates me about EW. There is always an alternate count. What would it take for everyone to agree that the 13 January low of $152 on Bitstamp completed the ABC correction and we are set now for a fresh cycle to begin: five waves up making new highs perhaps in 2016?

Regarding the situation in Greece: when the banking crisis in Cyprus happened March 2013 bitcoin price surged from $40 to $260 before settling back at $120. What are the odds history will repeat itself?