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AndrewEDavis
Feb 8, 2018 7:09 PM

Targeting BTC to ~8740 (8580-9000) within about 8-12 hours. Long

Bitcoin / DollarBitfinex

Description

Currently targeting BTC to ~8740 (8580-9000), within about 8-12 hours.
Looking for drop to ~7950 first.



I called 20 hours ago, Bitcoin price to hit $8670.
Adjusted target to $8610 16 hours ago.
Got it correct.
We hit right in the middle at $8648.

Comment

When I called for $8670 21 hours ago:



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Then corrected to $8610 18 hours ago:

Comment

Very sudden upward movement broke previous trajectory.

Target (8740 - 9000) should be reached sooner, within 5-8 hours.

Comment

Trajectory much more on path with my original call again.

Seeking a bounce on/near the support line of my channel.
Hopefully it holds...

Comment

Nice bounce on my support line. We may be back on track.
I never fully removed my yellow dotted line (as seen in the other charts), as the breakout at point 4 looked a bit unnatural. But let's monitor. Things are looking up.

Comment

BTC to $8630-9050 seems reasonable at this point.
(8-10 hours)

Comment

Just looked at the order books..
More downtrend looking likely first.

Comment

Called this 6 hours ago... and here we are now (drop to ~7950 before target).
Let's see if it holds however.. it isn't certain yet (looks bearish).

Lots of market manipulation today, knowing that many are seeking this $9000 BTC target. Please be careful.

Comment

Currently considering target: 8310-8800
I haven't sold anything during the heavy drop to sub 7850.
Patience, calm and analysis is important, especially when you realize the market is being manipulated.

Comment

Still currently on course for my target. If we will get there, it could take us anywhere between 4-10 hours, so consider getting some early rest.
I'm busy getting other business work done. It's not always best to watch the charts minute by minute when it is this turbulent.

Comment

Still observing for this path. ($8310-8800)

Comment

If the Eliot wave was interpreted wrongly, this seems to also be a viable trajectory.

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If this was indeed the end of a complete 8-wave cycle, then more upward movement, and the set target, is still possible.
I'm off for now. Best of luck!

Comment

As I mentioned last night: "If this was indeed the end of a complete 8-wave cycle, then more upward movement, and the set target, is still possible."
We are now up 10% since.
I hope that most of you continued to Hold BTC, like I did. #Bitcoin

Comments
mark124
You mean drop from 9k to 8k? Not too much for A wave? (i'm learning)
mark124
@mark124, Oh i meant of course first wave.
mark124
@mark124, Eh, why i can't edit my post.. of course i meant 2. I assume that I would be to 9k then 2 to 8k?
mark124
@mark124, nvm. All is clear for me now, i noticed that you posted second picture of previous prediction. That's why i got lost.
AndrewEDavis
@mark124, I'm glad if it's all clear now. :)

And yes, I also noticed that posts/comments seem uneditable and undeletable, which is very inconvenient.
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