2 of (3) bullish scenario will be invalidated when price will be under 740. Obviously, if hardfork happens, everybody will own two copies - BTU & BTC, but BTC will drop significantly, I suppose kinda 500 or less. If no fork occurs, we could see (3) wave running into 1500+. But honestly I don't believe in it until new ATH at 1400+.
I believe we could have finished 2 of (3). And (3) will go into 1500+ area.
Will there be 5th wave? Is it 3rd or (C) ? No one could answer this questions, therefore EWA is mysterious alchemy and is working on left side of chart only So we could see 5th... maybe. :)
Seems 44-61 range till may. Short 59+, Stop 62, TP 53
It could be one more year of bear market before that WAVE THREE to the moon party. In cash currently. Apparently it could start when SPX500 will crash in 2017 together with gold.
Stuff looks SO TRIANGULAR 3 possibilities: - (E) completed, and we will breakout 4800+ this week, - (E) will test support ~ 4200 and we will breakout before August begins - This is not triangle so it is still (B) - we will go north I don't beleive it could be mega bearish (C) forming 'cause all that QEsing in fiat. So I discard my prev idea. Holding long on bitmex.
I hope I'm wrong 'cause all that daoeth hacks scare me a bit. But all that halving and blocksize issues could kill the btc. Buy the gold, gentlemen
I think it's B, not (3). BTC did (E) which fooled everyone. Or just me? :)
Is it good-looking (v) of 5 of (A) or just a miracle?
Height of triangle is 500/300 so we have next target 500/300*400=666 I like it.