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faylee
Aug 1, 2019 2:29 AM

BTCUSD*** wave C started? 

Bitcoin / United States DollarCoinbase

Description

This guy should be counted into the inflation rate!
That will let us see what happened to our economy, why money policy do wrong.
If the policy is made based on the wrong data, how can it be right?

Comment

No change of my view.
Its high value is based on the limited circulation mostly, imo, it makes no difference to stamp valuation. That doomed it can't be a flat money, but only for collection, maybe to someone who's favorite of collection.
Moreover, the flat money is endorsed by a country's credit, not by an individual or a corporation. Unless the country goes bankrupt.
Now I still believe an innovation will come, so, I kept an eye on BTC since Y2016, but only because it is a beginning.

Comment

The topping signal was clear

Comment

When the money flows into the bank that is indirect investments,business can get loans to expanse, when money flows to stock markets that is direct investments, business can expanse.
But if the money being exchanged to BTC....
Comments
faronf
Hi Faylee, do you see this extension to near the all time high as wave (1) of 3, or rather a B wave with expectation of a C wave drop?
mike73234
Come on you just want to torture to permabulls :)
UnknownUnicorn4203295
Nice chart :)
transparent-fx
thanks for sharing your work, in the end the market is our true teacher, i'm sure you will enjoy also my work, take a look if you want
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