COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hi
I have many many charts boosting n yelling about BTC to Break 20K level and gonna break 100K in year 2020 ..
To my belief , it is possible But Let it complete its wave 2 First .

Wave 1 = it is complete at 20K level
Wave 2 = formation is WXY ,,( Now lets break down WXY )
W = Complete in ABC formation
X = We are now in the middle of it ,
A will be done at 10300/ 10600
B will be complete at 6000
C we will have again an up till 16K or may be 18K

After all this Wave Y is a Must .
My Hypothication ,,,, BTC start is Journey for 0.01 $ ( one Cent / BTC ) in 2010 ,,, Wave 1 Top is 20K
If you manage to apply Fibo Retracement ,, Sure you get a 375 $ .

Elliot Wave Reloaded


Wave analysis is a fake, made up thing :) You must be retarded to believe in that :) Your waves already don't work.
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Patient is the key, manage risk. Possible. What is the confirmation if this trade invalid ?
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break this idea
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The only thing bitcoin stores is hopes and dreams. This will reverse and dump far lower than they can imagine.
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kardia NemoTrader
@NemoTrader, or it will increase in value far more than you can imagine and leave you with regretful feelings for not getting on board.
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@kardia, When pigs fly
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kardia NemoTrader
@NemoTrader, pigs will never fly, but I have no doubt BTC will at least be worth 100k some day. Ever heard of a self-fulfilling prophecy in trading? There is a psychological aspect to technical analysis that should not be ignored.
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@kardia, In order to provide that idea any validity you have to ignore common sense and logic thus deny reality.
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kardia NemoTrader
@NemoTrader, it seems you don't have a lot of experience trading. Experienced traders know what a self-fulfilling prophecy is in connection to the markets and price action.
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kardia NemoTrader
@NemoTrader, naysayers like you were also saying Bitcoin would never be worth a dollar. What do you think they are saying today?
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