AriasWave

AW Bitcoin Analysis - Getting Closer To The Preferred Count...

BNC:BLX   Bitcoin Liquid Index
As always, I aim to improve my analysis of Bitcoin because if I am not producing better ideas then I am not doing my job.

You can see the chart for this idea linked down below in related ideas.

By now I have dissected and cross examined this chart more times than I can count.

Let's get one thing straight, Bitcoin has not ever seen a GFC so assuming that it won't actually correct properly during a crisis is probably going to cost you dearly.

The news is cat ship wrapped in dog ship, so believing that Bitcoin is performing well because of some silly media BS is only setting you up for failure.

Besides, don't people often say that the FED never lets the market correct properly? Why wouldn't you want cryptos to correct properly?

One thing Bitcoin has never done is correct properly so if you want it to go higher then you will understand why this is important.

Does this offer people a chance to get in at a much lower price?

You better believe it, and I want to help you get in cheaper because when the whole space finally moves up, you will be better off for it.


Remember to use Disciplined Money Management Principles to ensure longevity as a trader.

If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?

Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.

***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***

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