Take a look at my Rocket, guys! Its on fire - D4rkEnergY has also been on FIRE lately! I have nailed every single Bitcoin-update lately - Every single day!
D4 told you we would go up again after we went just below 8,000 USD! I told you exactly about 8,640 USD. I told you yesterday, that we had to take a detour! Boom. O.k., no more bragging. Back to business - And let's take a look at the 4h BTC/USD Chart!
So far nothing has changed. We are still following my waves inside the descending wedge! - I'm still bearish - short term - before we will reach my target. As I see it - We need to go lower than 8,000 USD - 7,650 USD seems like an optimal reversal point - seen from a psychological point of view, and it also matches our Elliott Waves. We want more buyers and build up that bullish momentum to push us up to 10,000 USD!
I know for many people out there it has not always been super fun out there lately with all the uncertainty with Bitcoin just below 10,000 USD. It has also affected the altcoin market a lot. Its always easier to navigate in a market we can identify as either bullish or bearish - and for quite a long time we have been in this annoying zone in between due to the 10k Key Level.
I've said it for a while now - I think you very soon will see a new bull market, and the altcoin season might begin very soon. We are just below a Total Global Crypto Market Cap on 400 Bl USD!
Be prepared - fill your alt bags, guys - The rocket will soon take off!!
D4 Loves You <3
Please leave a like - it is indeed appreciated :)
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Here is a close up, my friends! And just remember - just because something is likely, it doesn't always turn out this way - and even D4rkEnergY makes mistakes once in a while :)
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On a serious note:
I almost never look in the comments anymore - It's a bit sad that TradingView has turned out that way. Same haters in here every single day writing same stuff. Its a fact I have been right every single day since I came back, and they will still claim I'm wrong or say something lame like: I just do the opposite, and I win.
Its a pity, cause it could be a good platform for good discussions and constructive criticism, and we could all learn from each other.
But one public social influencer will eventually learn, that its not time wasting ones time spending time on people who feel bad about them self and hating on others hiding behind their screen.
But honestly. To all of you who supports me, and follow me on Twitter and writes PM to me all the time: I'm really happy for that - I really mean. Thank you for being part of it - I really appreciate it <3
But now you know, why I'm not commenting in the section anymore
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Good morning, friend :)
We are following the waves perfectly so far. Last sub wave was a bit longer though. As far as I can see we still need to go up, and finish my 4th Corrective Elliott Wave and then we have ONE more impulse wave down... But..
Let's hope we soon will go into an uptrend after that. It's soon June - Summer, nice weather and now we just need Bitcoin in a bull market!
GL to all of us!!
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Almost 7,900 USD now - in the process of making the 4th wave. Still one impulse wave down as I see it.
D4 <3
Feel free to give a like - Thanks in advance :)
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We are so far beautifully crawling up my 4th wave. If we get a 38,2 % retracement, we should go to 8,030 USD before we will go down again.
D4 <3
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Ouch, ouch.... We got the bounce at 7,660 USD as I said, but the market is shaking at the moment. Look at that bearish volume - No bullish momentum what so ever until now. Bulls have been on vacation.
We have some regular bullish divergence on smaller time frames, and we should go up now. The big question is how high this will take us. Its very hard to determine at this moment. We had a very small retracement of the forth wave - doesn't look good for the bulls.
At this very moment while I'm writing this, we are fighting at 7,650... and are still dropping.
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We saw a bigger bounce around 7,550 USD (I have zoomed out a bit) Its pretty important we can stay inside this wedge.
RSI oversold on every time frame, we have regular bullish divergence and should be able to go up now! But bulls seems scared to death at the moment!
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Hammer candle, high bullish volume on 1h. Regular bullish divergence.
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Update is here: AARGH BITCOIN! What Are We Gonna Do Now?-Is Crypto Dead?
Where is your 10k prediction a week ago...?
And 4888.88 prediction 1 month ago??
U can earn more guys just do opposite of this guy predictions??
AqibMoeen
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@AjayKadam, are you autistic? no can predict 100% what's going to happen- why don't you give it a shot?
AjayKadam
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@AqibMoeen, I know no one predict 100% right but he is totally opposite what he is saying since 2 months...
AqibMoeen
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@AjayKadam, yeah so what? That's how markets work it's not always green or always red, imagine on december 10 last year someone was bearish you'd say they're crazy and then just 2 months later you'd be crazy if you were being bullish during the yearly low. That's how markets work, conditions ALWAYS change and we can't tell whats going to happen, but sometimes we can get get an idea of contingent paths, i.e. if bitcoin breaks 10k now good chance we go bull to 11.2k, or if btc breaks 7.6k now we go down to <7k. You're naive as hell if you're telling someone off for changing their opinions, if you don't change your opinions in the market you're going to get destroyed.
AqibMoeen
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@AqibMoeen, I am by no means trying to suck up to anyone, but that's the reality for ANY trader man, it would be different if there was NO logic behind his calls, but there are. If you still don't get how markets work and that they're always changing and we ALWAYS need to adapt get off tradingview and especially stop annoying people who are trying to help.
Smoak
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@AqibMoeen, How is this for a chart that is 5 weeks old? You are right that we cannot be 100% certain but the traders on here can be more accurate.
AqibMoeen
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@Smoak, Yeah man i definitely agree, and yeah I have something similar in mind for bitcoin, forming lower highs and eventually lower lows for a while, imo this whole year we'll be under 10k unless we can break out next attempt
Smoak
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@AqibMoeen, Things certainly aren't looking positive but we still have a little time to turn it around :) Good luck trading.
Smoak
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@AqibMoeen, Or this one ob bitcoin. If you followed me you would have gotten in at 6600 and closed and gone short at 9900. My initial prediction was incorrect but we worked with that.
And 4888.88 prediction 1 month ago??
U can earn more guys just do opposite of this guy predictions??