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HollywoodTrader
Nov 26, 2013 9:02 PM

Retrace to ~825 Short

Bitcoin / U.S. DollarMt.Gox

Description

With my previous prediction complete, and luckily right on the money, here is my updated outlook.
Comments
HollywoodTrader
I was referring to price reaching 950 right in the window that I predicted -- right to 950 just before the red time line which is the optimum result. In my previous chart I address it not going to the 650 area of which I wouldn't have been short anyway as my bias was "long." The price reached, at the time predicted, was "right on the money" what else could you ask for? Even Elliott himself on his best of days couldn't be that exact -- and neither can I.
flibbr
I wouldn't have said your previous prediction of BTC going down to $625 before breaking $900 . . 'right on the money'. . to be honest. I'd say it was, 'pretty far off'.
HollywoodTrader
That's why it said "ideal" but I address your analysis below. Unfortunately it's more of an art than a science and I left the previous prediction on there to show that there is more than one path to an exact destination.
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