just look how nicely it all matches up ...
I'm waiting for the dip, and then I'm all in
not to say that it couldn't peak even more, it's at the median trendline now, so ... it might very well
it's just that I want to play a multi month game ... and leg 3 will take 6 to 9 months, so ... plenty more time to take a bet
(I did buy some around FWB:25K to stack...
I always find it interesting to read older ideas that failed ... people write 3 pages essays to explain their position and then it fails
I'm just guessing ... it will hit the top trendline to then drop again
maybe I should be even more honest and say ... I'm hoping it does, because I'd want to take a bigger gamble and that would be when it drops and hit the...
1-2-3-4-5 up and then 1-2-3-4-5 down ... and up again and down again ...
patterns ... repeating patterns
for now it's still hard to guess, as we're only in leg 2 of the new 5 elliot wave
but once we're in leg 3 it will be more obvious
so ... the battle is on
the banks managed to force a long squeeze, but it's just not enough
1) they ignore ya
2) they laugh at ya
3) they fight ya
4) bitcoin wins
we're at 3) now
expect more drag and lag from the banks being desperate to crash bitcoin ...
while hodl'ng themselves; those people are their own worst enemies
it will moon !! we will win !!
what you see there are two 5 waves
the first one went down, and now we're going up again
all the confirmations are in that there was a 5 wave down and that it has bottomed, so we're now in the next 5 wave ... upwards
obviously we're in leg 1 of the new upwards 5 wave
so, the next question now is ... when will leg 1 peak and leg 2 start?
we might be there,...
of course it's going to hit that bottom trend line ... and it will not be the last time either ;-)
at this point it could drop as low as 27.500$
but the longer it keeps going sideways ... it might in fact not even drop below $29.000 anymore ... wait and see :)
buy the dip !!
we're going to the moon real soon !!
it doesn't really matter how it gets there ... it will get there and shoot up ... TO THE MOON :)
I honestly think we're about to see something amazing over the next 6 to 18 months; bitcoin is about to break free from the stock markets
wait and see, because this would be extra ordinary
but in order for bitcoin to really, truly succeed, at some point it will have...
yes, we're back up, we finished leg 2, which was a little correction, and now we're back up again, this is the start of leg 3 ... at least 6 months bull run incoming ... yes
but ... you're all just gambling instead of investing, so it peaks and it drops like a drunken sailor
we should be so lucky if it doesn't take a nasty dive and just goes sideways for a bit...
I'm still convinced that we finished a downwards 5 leg Elliot wave, which means we're in the beginning of an upwards wave now
it could be an ABC wave, which means that after leg 3 it will crash again and severely
it's another 5 leg upwards wave, which means it will go even higher, a whole lot higher
so, that's wait and see
but I did think we...
so, now that leg 2 has finished, we do have some more information to work with
but ok, we're just getting started with leg 3, so what we do now ... wait an itsy bitsy for that last little dip, but don't wait too long or you'll miss it and then ... hodl the heel out of it; we got lots and lots of time to wonder where leg 3 will end ... we're good for now
we're almost at the end of the second leg of the 5 leg Elliot wave upwards ...
almost, but not quite yet
from 27,500 to 25,000 ... that's another 10% drop
and then we're ready for an absolutely massive jump up ... to the moon !!
so ... we know where the circle starts, but where will it end?
I just drag it around to those price points that, based on other indicators, might be that turning point and I just look how it matches up
this one matches up fairly well, it's the cross point with the lower trend line and the fib retracement
the 'trick' is simpel
I take the peak of the latest correction and I take the latest bottom point as the end point
then I look ... how well does this match up
point being; if we were to go back to previous high and low points; those circles always match up in a way that it's just obvious
so ... does it match up enough ?
it's never going to be 100%, but ......