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tantamount
Jul 1, 2020 1:16 PM

Bitcoin Impulse Waves and Time Cycles Long

BITSTAMP:BTCUSD1M
Bitcoin / U.S. dollarBitstamp

Description

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Because... why not?! BITSTAMP:BTCUSD

NOTE: Not investment or trading advice
Entertainment ONLY!

Comment

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Watching for 9190 ish

Comment

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Tagged 9800 before taking back off higher. So looks like 16258 could be in the making before pull back and going higher.

Comment

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$16,258 Tagged and Bagged. Called 17.9K 24hrs ago and look what hit! ;)
tradingview.com/chat/m/24a98dbc-32fd-4293-a911-81151954594c/

Comment

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Took out 17.9K and then some! Expecting some retracement or consolidation in this range before moving higher.

Trade closed: target reached

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BTC has exceeded expectations in my conservative target range of 35K. As a proper send off to close this chart out, here is the last couple days, predicting retracement moves back towards ATH. Enjoy and trade safely from here.

Trend AnalysisChart PatternsWave Analysis
Comments
Gutian
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lol 5K on the way second wave of corona
tantamount
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@Gutian, I see it as the 3rd wave... Reference my idea here:

I expect BTC to decouple from equities. Time will tell. Thanks for the comment.
Crypt1cLyfe
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Nice idea, I was just taking a look at the bigger picture as well.



thoughts?
tantamount
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@Crypt1cLyfe, Nice chart! If we move higher, BTC would appear to be in a Grand Super Cycle in EW theory.
jacobit
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I think your a-wave in 2018 should be the C wave & there's one more leg down for an ABC before up.
tantamount
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@jacobit, Thanks. It very well could be. In reference of the time cycles, it would appear UP is the coming trend.
AvenueWork
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@tantamount, I concur
tantamount
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@AvenueWork, I like it!!
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