Some people say Bitcoin is dead - others say it's still alive! For D4rkEnergY it may be simultaneously both alive and dead like Schrodinger's Cat.
This state is known as a quantum superposition. In the Quantum World a system stops being a superposition of states and becomes either one or the other when an observation takes place.
According to the Many-worlds interpretation is the observation it self not a special process - The alive and dead states of Bitcoin persist after you look at the chart, but are decoherent from each other. The observer and the possibly-dead BTC split into an observer looking at a dead BTC-chart, and another observer looking at a chart with BTC, which indeed is alive. But since the dead and alive states are decoherent, there is no effective communication or interaction between them.
HERE ARE THE REASON WHY WE MOST LIKELY ARE ON THE 5TH WAVE ENDING DIAGONAL
- The price has declined extremely fast and too far during wave 1 to 4 due to panic - Bitcoin is now oversold - Investors has begun to accumulate or buy steadily - Descending wedge/diagonals points to an accumulation - Ending diagonal is a complex extended 5th Elliott wave (33333)
D4rkEnergY - Dead and Alive <3
PS. And as always: Please Leave a LIKE if you like cats!
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Let's zoom in here. You can see we have the traditional 3-3-3-3-3 structure, which is characteristic for an ending diagonal (Not like a normal 5-3-5-3-5.
We just had a good close on the 8H.
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The bottom is most likely in my yellow box. We can here expect a bounce. Another important thing is, what I've been trying to explain about when Ending Diagonals usually occur.
Please pay attention to the RSI, and see how Bitcoin is oversold - Investors has begun to accumulate and buy steadily.
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BTC is dropping! So far it match my idea. The big questions is obviously how low we will go.
What do you guys think? Please comment below. Thx for listening.
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Very important Guidelines for when 5th Wave Ending Diagonals usually occurs!
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Remember it's only a 33333 wave structure. So we will probably soon see a big drop and then a bounce - before 3,000 USD Im pretty sure.
But so far everything is going according to the plan!
3,224 USD is my bottom ;)
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We are dropping exactly like I was pointing out. This is a 33333 structure. So it will be a dive!
Below 3,500 USD now. Please leave a LIKE, if you appreciate the content. THX!
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MAJOR FIGHT Between Bulls and the Bears. It might not take long before the bulls must give up, and fall down via my Head And Shoulder Pattern to the Yellow Box.
Prepare for a big drop soon!!
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Watch out - we might see a huge spike first up and then down to liquidate some shorts, and the whale can win some few percentages on that move.
First comment; Attention for take serious this idea guys believe this guys analysis never reach target before do take serioys please check this guy ideas all is failed. I know many people listen but he is almost all ideas reached STOP LOSS level .
cinda1
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@emrelg, I think what you're trying to say is "check this guys ideas, all has failed". True, I just started following him, but had to cut my losses. A lot of these traders on here have never gone through the Dot com bust. That being said, I do believe the whales are waiting for a new low to enter.
emrelg
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@cinda1, Smart money wait to entry yeah, we gonna see new low we dont see dip yet you can check my ideas too :)
PlayMoney4Muh
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@emrelg, @cinda1 WTF is smart money... and why is their money any different to mine?
cinda1
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@PlayMoney4Muh, just a few billion dollars difference is all. i.e. TD Ameritrade, Goldman Sachs, all these traditional investors with billions to play with, are waiting on the sidelines - I feel.
PlayMoney4Muh
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@cinda1, not confirmed though? This is why I question this comment every time I read it... You have just as much of an idea as I do
cinda1
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@PlayMoney4Muh, That's not what you were questioning. You asked "why is their money any different to mine?". Nothing about confirming. Yeah, like they will announce ahead of time what they are buying and when. Sheesh. Do your own research, be your own council.
PlayMoney4Muh
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@cinda1, you assume I have little money, that was what I was referring to
cinda1
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@PlayMoney4Muh, STFU, nobody asked you to join this thread. You insert your nonsense like we're going to believe the blabber that comes out of your mouth. Sit down, Clown!