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http://content.screencast.com/users/mnandii/folders/Jing/media/88ee6f2d-30d6-471f-8ed9-ab8c55b6aad0/2016-08-20_0709.png
As I've always maintained, I expect bitcoin to fall to below $100 a piece. This chart is the long term one. Bitcoin is falling in wave (3) of {C} of II. Wave {A} is a leading diagonal. Wave {B} is a combination while wave {C} ( fall from 782.12 high, the part labelled (Y) {B} ) is a developing impulse wave where waves (1) and (2) are complete. If bitcoin reaches to below $100 (as I expect), that will be your best opportunity to snatch as many as you can. Remember that once wave II completes , bitcoin will then make a sizable gain to beyond $2000 a piece.
As I've always maintained, I expect bitcoin to fall to below $100 a piece. This chart is the long term one. Bitcoin is falling in wave (3) of {C} of II. Wave {A} is a leading diagonal. Wave {B} is a combination while wave {C} ( fall from 782.12 high, the part labelled (Y) {B} ) is a developing impulse wave where waves (1) and (2) are complete. If bitcoin reaches to below $100 (as I expect), that will be your best opportunity to snatch as many as you can. Remember that once wave II completes , bitcoin will then make a sizable gain to beyond $2000 a piece.
On the 4 Hour Chart below we have a developing wave 3 of (3) which should end somewhere in the $400s.
http://content.screencast.com/users/mnandii/folders/Jing/media/f30da0b3-1876-482a-a397-5037750f7f45/2016-08-20_0745.png
http://content.screencast.com/users/mnandii/folders/Jing/media/d40ca51c-e52a-4978-97e6-3e570760ff19/2016-08-20_0759.png
1 Hour chart. Wave (i) complete. I expect a small upward retracement for wave (ii) which should not exceed $603.71 then a strong continuation of the fall in wave (iii).
http://content.screencast.com/users/mnandii/folders/Jing/media/88ee6f2d-30d6-471f-8ed9-ab8c55b6aad0/2016-08-20_0709.png
As I've always maintained, I expect bitcoin to fall to below $100 a piece. This chart is the long term one. Bitcoin is falling in wave (3) of {C} of II. Wave {A} is a leading diagonal. Wave {B} is a combination while wave {C} ( fall from 782.12 high, the part labelled (Y) {B} ) is a developing impulse wave where waves (1) and (2) are complete. If bitcoin reaches to below $100 (as I expect), that will be your best opportunity to snatch as many as you can. Remember that once wave II completes , bitcoin will then make a sizable gain to beyond $2000 a piece.
As I've always maintained, I expect bitcoin to fall to below $100 a piece. This chart is the long term one. Bitcoin is falling in wave (3) of {C} of II. Wave {A} is a leading diagonal. Wave {B} is a combination while wave {C} ( fall from 782.12 high, the part labelled (Y) {B} ) is a developing impulse wave where waves (1) and (2) are complete. If bitcoin reaches to below $100 (as I expect), that will be your best opportunity to snatch as many as you can. Remember that once wave II completes , bitcoin will then make a sizable gain to beyond $2000 a piece.
On the 4 Hour Chart below we have a developing wave 3 of (3) which should end somewhere in the $400s.
http://content.screencast.com/users/mnandii/folders/Jing/media/f30da0b3-1876-482a-a397-5037750f7f45/2016-08-20_0745.png
http://content.screencast.com/users/mnandii/folders/Jing/media/88ee6f2d-30d6-471f-8ed9-ab8c55b6aad0/2016-08-20_0709.png
As I've always maintained, I expect bitcoin to fall to below $100 a piece. This chart is the long term one. Bitcoin is falling in wave (3) of {C} of II. Wave {A} is a leading diagonal. Wave {B} is a combination while wave {C} ( fall from 782.12 high, the part labelled (Y) {B} ) is a developing impulse wave where waves (1) and (2) are complete. If bitcoin reaches to below $100 (as I expect), that will be your best opportunity to snatch as many as you can. Remember that once wave II completes , bitcoin will then make a sizable gain to beyond $2000 a piece.
As I've always maintained, I expect bitcoin to fall to below $100 a piece. This chart is the long term one. Bitcoin is falling in wave (3) of {C} of II. Wave {A} is a leading diagonal. Wave {B} is a combination while wave {C} ( fall from 782.12 high, the part labelled (Y) {B} ) is a developing impulse wave where waves (1) and (2) are complete. If bitcoin reaches to below $100 (as I expect), that will be your best opportunity to snatch as many as you can. Remember that once wave II completes , bitcoin will then make a sizable gain to beyond $2000 a piece.
Should have made this self moderated to keep the trolls out...
Most here will scoff at the idea but yours and my counts, although a little different through 2014, have very similar targets. Another thing is that there is trade data from 2010 until your chart starts in 2012. Another full impulse to $32 happened in 2011 so the $2 low in '12 would have to be a larger degree II.
Most here will scoff at the idea but yours and my counts, although a little different through 2014, have very similar targets. Another thing is that there is trade data from 2010 until your chart starts in 2012. Another full impulse to $32 happened in 2011 so the $2 low in '12 would have to be a larger degree II.
Thanks for the advice. The trolls are a real bother!
http://content.screencast.com/users/mnandii/folders/Jing/media/e5f488a1-a639-4c4f-9610-60a79296e6aa/2016-08-04_1013.png
Bitcoin. Next leg down to below $400 imminent.
Bitcoin. Next leg down to below $400 imminent.
Hi guys,
I am new here and will be grateful for your welcoming me aboard. I am an Elliottician and I apply Elliott waves to currencies (forex), gold and bitcoin (BTC/USD). My current analysis suggests that bitcoin price is falling in a third wave and will likely fall to below $100 soon. NB: I know that's a shock to most
. However I will provide more information as time progresses. My chart below is self explanatory (for those who understand the basic Elliott Wave theme) but I will endeavor to bring everyone on board and not lose people through unnecessary jargon.
As shown, I expect bitcoin to bottom at about $85, being the area of the last fourth wave (i.e the converging trend lines) of the rise from about $0 to >$1000 a piece.
http://content.screencast.com/users/mnandii/folders/Jing/media/59ae0130-a440-4e26-87a0-56df98f931d6/2016-07-08_1007.png
I am new here and will be grateful for your welcoming me aboard. I am an Elliottician and I apply Elliott waves to currencies (forex), gold and bitcoin (BTC/USD). My current analysis suggests that bitcoin price is falling in a third wave and will likely fall to below $100 soon. NB: I know that's a shock to most
. However I will provide more information as time progresses. My chart below is self explanatory (for those who understand the basic Elliott Wave theme) but I will endeavor to bring everyone on board and not lose people through unnecessary jargon.As shown, I expect bitcoin to bottom at about $85, being the area of the last fourth wave (i.e the converging trend lines) of the rise from about $0 to >$1000 a piece.
http://content.screencast.com/users/mnandii/folders/Jing/media/59ae0130-a440-4e26-87a0-56df98f931d6/2016-07-08_1007.png
