BITSTAMP:BTCUSD   Bitcoin / Dollar
273 6 7
We have the same wave (A) pattern repeating. They don't look the same, but they count the same as a diagonal. If the current pattern takes 161.8% of the time it took to form the one in 2013             the market should peak around 463 on July 9
the chance of this can happen just toooooo small.
I had a same analysis, but after I found cost of mining only cost arounf 500 RMB, I found this will be impossible for any time nearby.
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The cost of mining is much greater than 500 RMB!
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I must say I admire your faith. Too bad there's no place for faith in trading.
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blum MoonTrader
What about faith in investing?
+1 Reply
Same thing over a longer time period, so no.
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sorry to say, but that analysis is rubbish..
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