BTC, Are We About To Start Wave 5th To The Downside ?

Enough of with useless counts and explanations let me give you some personal trading advice:


1-Don't force yourself in a trade, wait, have patience until it meets our criteria, then get into it.

2-Don't get drunk while trading. Overconfidence can blow ur account.

3-Don't get high either, fear can minimize ur potential gains.

4-Definitely do sports daily

5- Trading is stressful, do as much intercourse as u can.

6- Understand the over all investing environment, does the fed has ur back? in this case, they don't.

7- lastly learn the game-changing missing puzzles of Elliot wave.

Let me hear about your suggestions?

Hence these are not financial advice, do your own research before taking a buy or a sell on BTC.

Regards:
The 2X back to back.

Trade active:

Let go first short position exacuted

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Listen people . that's EW 2.0 wave count. If the market was that easy, I mean basic principle of EW that the Wave 3 shall not be the shortest or it shall not overlap into wave 1. Every body would have become billionaires by now . Simply put old rules are old . They does not work in current market

Order cancelled:

Expect new high . Don't worry people we won't miss it .

Trade active:

Inflation data out . Hopefully this is the go

Order cancelled:

Let's wait more .

Trade active:

Nasdaq coming down . Will most likely hit the trigger on this as well

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Be prepared for the mega drop . Can fall more than 15% in one day

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We are tought that BTC is a hedge against inflation. A savour from current financial system .at the mean time it acts like a tech stock. If BTC wants to survive to its hype, it has to decouple from behaving like stocks soon . Or it will be in deep trouble .
In case it keeps behaving like this 10k would be our last stop.

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To the people who has supported me all way from early days . Specially Doc Laur and many other folks . You will have all my supports even after I make it to wallstreet.
🤞

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"Bitcoin is 100% faith. Come the next market phase where faith is at a minimum, what do we think will happen to a stock whose entire reason for existence is faith and nothing but faith?"

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We are going one more up . It can affect all other cryptos at the mean time.

Longer picture Im bearish

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If it wants to fall this is a nice place to fall . If not expect new high

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Hopefully this is the free fall.

Wake up ! We are at the end of debt cycle. Do u really understand what it means ?

If don't have a background in modern economics. Educate yourself before its too late . U won't get lucky all the time .

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The minute a full war breaks out , the second minute all the cryptos apart from Bitcoin, will go to Zero .

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06:12

New video out on XRP. click in the chart to see it

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We are going to break the recent low of 32k

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Important update:

I do trading as a hobby it's my part time job. The response from you guys was beyond my thoughts. As a result I'm about to recruit a web designer, a marketer ... To mass market this methodology. Given the expenses I'm about to encounter the price for the course will 2X or 3X accordingly.

But until then you have the chance to grab the holy grail of trading for just $100.

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Comment:

the bullish case.

Things looks so bullish every where. Will be off during weekend . Have a good weekend everyone.

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We are in a down trend. I would never trade against the main trend . Hopefully this is the go so I don't have to close my shorts from 45k .

Be the luck with us

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There is a good chance of hitting 47k before any fall .

Isn't it beautiful where exactly to get in and get out effectively.

Remember we do not control the market . We just follow it and respect what ever it does .
Once the next short on cryptos are ready I will post them in my page. It can take sometimes.

Why it spiked and I changed my mind ? Will the .50 base increase in rate hikes by fed is off the table due to war. To give u a greater hint on how market works is that interest rates in U.S governs the entire financial market.

Best of luck for everybody.

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My main expectation for this is to go one more up hit 47k . If that happens it would be awesome for new entries. However u need to understand the complexity of current situation, war, economic hardship and rising inflation + rate hikes all indicates we are playing with fire. This is not a good time to be in cryptos. To make it short, although Elliot wave indicates 47k u shall not be surprised if this started falling at any time.

ur safest bet would be to be in gold/silver miner stocks. Check out my profile u will find quality miners with huge upside potential.

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Let me emphasize it again. We are in a downtrend. Prices can just drop regardless of what patterns indicate on lower time frames .

Remain bearish at any time u will be doing great

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BTC update. new idea out. put ur like on it. thank you