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WicktatorFX
Sep 14, 2023 2:59 PM

BITCOIN - Keep An Eye On This! 

Bitcoin all time history indexINDEX

Description

Bitcoin is showing us a really nice 535 zigzag correction. Zigzag corrections often appear as a flag so we should not expect the highs to get hit.

We're expecting wave C soon.

Trade Idea:
- Entry on break of the red trendline
- stops below price after trendline break
- Targets: 40k, 50k. Taper thereafter

Goodluck and as always, trade safe!

Comment

New Bitcoin Analysis!

Comment

BITCOIN HEADING BELOW 20K??

Comments
uncivilMitigator
The only way I can see a drop to 20k is a black swan event. No one can predict that - it will strictly be luck (like saying tails every coin flip until you are right). I am watching the S&P500 weekly, but that is about it. I will not say it can’t happen, just have some cash to buy if it does. Because that is a good price point to acquire bitcoin, eth, and solana.
MCGtherium
Highly unlikely, demand up, supply down.
AMIT-RAJAN
Awesome chart study, i like your clean chart
i_am_so_stupid
best wave counting that i jave seen in a few months
great job
Offcan
These comments would have been equally sceptical if you had posted that bitcoin would go from 20k to 70k in a year. Downturns can happen quickly and the reason they happen so dramatically is because it's so easy to screw over cocky bulls and stop losses if the whales are organized at selling and use media propaganda fud at the right time.
WicktatorFX
@Offcan, funny you should say that. Check this setup and the comments! Ha xD
calvin_hobbes
@WicktatorFX, are you pushing the "replay" button then putting your prediction lines over? LOL! this much of accuracy each time is almost impossible. Anyways, good entertaining stuff. thanks
Kate2020
The only thing is you were calling for 100k back then and it never happened in 21 but why not this time
barman.bourse
Elliot's law says that if wave a becomes five waves, wave b is definitely from the group of zigzags and cannot go higher than 61.8% of wave a.
Rule 535 Zigzags
satiev1
Hilarious
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