@hassan612 couldn't you have included the Elliot wave analysis you wrote ...so that ppl will know what not to do.
ordiofreak
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@innocentAccoun35113, you'll find this type of thing a lot. Amateurs hanging their hat on technical analysis with zero understanding of the importance of weighting 'price action' over 'techincals', basic understanding of the tools they are using, and, unfathomably, a complete ignorance of the macro conditions currently informing the crypto market. If i were you I'd only pay attention to professionals with no skin in the crypto game, or at the very least, posters who assess both the upside and downside scenarios. posts that make statements about unknowable future events are generally ignored. the eliot wave pic is too silly to even entertain.
hassan612
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@ordiofreak, we can blabla all day , please do not disappear when btc crashes and you will have to admit i am right :) meditate on this image ibb.co/dW2fTyz
ordiofreak
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@hassan612, no no get it right, you blah blah. price action and (what are extreme) macro conditions first, then technicals. basic stuff even a novice would understand.
ps - if you knew how to assess on chain metrics and current sentiment you would know how silly a 4k prediction is.
my view - 60-40 to the downside - downside target being 9.6k cme gap.
hassan612
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@ordiofreak, to me , all those fundamentals have absolutely nothing to do with price , technicals rule, the rest is just manipulation and lies , same as covid lol 4k is still a conservative target , i say even below 2k , then again accumulation and then parabolic bullrun 50k 100k etc
btw there are cme gaps as low as 2k
mark my words !
ordiofreak
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@hassan612, there you go hassan, all you need to know is contained in that reply. you are welcome.