for sure it will hit the median trendline, probably go under it for a bit and then it will go up again ... nothing to worry about
not that it has to come down, but it most likely will ... it's a correction and I already corrected the circle as wel, that's why I'm publishing an updated version of it, in the hop that this one is more accurate while it's also more useful, because I zoomed in ... if it's correct ... it's a tricky moment right now, it could go either way, but my chart is...
now we just need to guess were it will peak or bounce ... this is my guess we might go a bit higher still, sure, but there's a drop coming ... it always does, get used to it 20% - 30% - 40% ... nobody knows, but if you want to play the game you need to pick one and just go with it for a while my guess; 30% ... but that's still a long way to go, so there's...
it will always come back to the average, the median line it went too high to fast, so we're correcting a bit ... there's nothing unusual about that we will hit the $100k mark, don't worry, but not until whoever has been buying below $40k has taken some profits ... wouldn't you? because I am !!
the simple fact that I'm willing to share my charts is already very generous of me, if you want me to also write the explanation in length you will have to pay me for it
I always thought I was a rather rational person, until I started to trade bitcoin ... turns out I get carried away with my emotions just all of us so ... to stop myself from cheating to myself; I'm making a record here is this a good prediction, yes or no? well, we'll see in a few weeks ;-)
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...
we're bullish, that should be obvious but ... it could still take a nasty dive to end up higher a few months from now ...
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,...
so, now I need to write at least x amount of words to publish this, while it's so blatantly obviously ... I don't have to say anything at all, do I ?!?
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 $29.000 anymore ... wait and see :) buy the dip !! we're going to the moon real soon !!
I just hope it does ... I shorted a bit at 30.750 ... drop you &*%&$#$
to be honest ... I always wonder what I'm supposed to write here, because to me it's all about reading the chart ... it's all there ...
I'm not eager to short, but I'll be buying below $28.500 we're in a massive bull run ... we'll always have little dips, but way more massive jumps
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...