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Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
wutizurkwest
on
16/01/2017, 21:12:58 UTC
Quote from: bitebits on January 16, 2017, 06:11:00 PM
^ Thanks for the wise words old man, I like the temporary pawning thought.
I thought the next top would be around $6k, but some of the Elliot Waves guys disagree:
https://medium.com/@coinscrum_75299/the-fractal-relationship-between-bitcoins-first-two-bubbles-and-what-they-might-tell-us-about-a-acd81d3b2b92#.qfe8ak8xg
I am getting convinced selling almost guaranteed makes you miserable: You sell too early or too late.
Greed is a bitch.
Nice article, it tells me what I want to hear.
It also agrees with masterluc's projection from a few months back (which isn't a surprise since they're both EWers):
https://www.tradingview.com/chart/BTCUSD/MrwPhbog-Long-Term-Bitcoin-price-extrapolation/