wave 1 update

BTCE:BTCUSD   Bitcoin / Dollar
309 11 4
correction is almost over. this is the last time you will see bitcoin below 200
what do u think about time frame of target 28000 from your previous chart?
user100000 julia17
end of march. if the market doesn't explode higher into march then next op will be mid november but the target will be even higher (~100K) because of the sloping 1-3 line
julia17 user100000
28000 price for 1 bitcoin till april?? what event u suppose in near future can pull it to such level?
user100000 julia17
global currency reset
julia17 user100000
interesting, we saw 30% up this week in swiss, now i believe everything is possible
have a nice weekend)
What do you mean global currency reset?
user100000 Noobincrypt
the only way to recapitalize banks is to reset the price of gold to 100K EUR/oz or whatever number is best to solve the problem and wipe out debts. the ECB owns 11,000 tonnes of gold. at this point, the dollar will lose its reserve status. dollar based commodity exchanges will not function properly because of the hyperinflation. bitcoin will be used by nations/companies/individuals as a transaction currency because it will be viewed as impartial, neutral and is the only working network available to clear oil payments without counterparty risk for example. of course there will be a need to reset bitcoin to a price high enough for oil, gold, other commodities to trade in size.

1 bitcoin = 500.000 - 1.000.000 EUR ?

this will happen over night or over a weekend similar to what happened when the SNB dropped its peg

if you own bitcoins you just may win the lottery
Thx for your work. Question, why are you so confident we've reached bottom this time around 160? Couldn't it just go up and break down again on the descending wedge upper line again (around 320) as it did in Nov 2014 (450) and then drop another 56% exactly as it just did the last two rises this year? (This currebt rise and the last oct-nov 2014 rise)?
MoonTrader Noobincrypt
According to user100000, we've reached the bottom at least 10 times in the last couple of weeks. Not to knock you, user, but I'm not seeing how you're getting all these bullish ideas.
+5 Reply
user100000 MoonTrader
so true. hahaha im learning daily and trying to improve my ew analytical skills. there is nothing wrong with ewp. it is me who is not applying it correctly sometimes
user100000 Noobincrypt
"Thx for your work. Question, why are you so confident we've reached..."

i ran out of labels for the bear to continue. waves A, B, C (1,2,3,4,5) are complete and accounted for. we've reached then end of the bear count. market switching into bull mode from here on
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