Bitcoin (BTC) Morning Update: How can BTC got to Six Figures?

in #bitcoin6 years ago

SUMMARY

NOTE: Video has tons more details than this summary covers.

Bitcoin (BTC) continues its trek towards a lower low and that is expected to stay within the boundaries of the symmetrical triangle. The video analysis covers the rationale behind the curren diagonal Elliott Wave count vs using the flag pattern. The chart is also reviewed in light of a confluend of price pattern, Elliott Waves, Volume and MACD pluse the Elliott Waves of the MACD....all pointing to a nearby bottom. Detail is also given on how the next wave 3 leg up could be a jaw dropping sight to behold as prices make a made dash up towards six figures. This detailed using current BTC supply and liquidity shortage scenario.

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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steem on Binance

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THIS IS AWESOME 👏

that is wrong Lol , steem was $ 5.3 . Is 5.3 to 5 a -46% ????? Do maths before posting this .

If it comes from exchange hate to say it but is right!! It says -46 % because it was just listed!! Maybe you should know what your talking about before commenting LOL😃

Lol Hahahahahahahahahah I can't argue with you .

Welp steem never went anywhere, Bitcoin certainly going somewhere though, 7.5k inc? https://steemit.com/bitcoin/@investingtips/i-m-out-of-crypto

I Beg To differ I Got my Steem at 94 cents a coin . If you invested a substantial amount of $ into steem when it was worth pennies a coin an bought 100,000 or so you would be looking pretty flush . I didnt have 1,500 or 2,000 to buy up a bunch of BTC when they were lower and the people who couldnt afford that invested in alternative coins , XRP , EOS , and LTC back last may was at 40 $ a coin so if you think about what could happen by next year its safe to say no one has a fucking clue , and alot of coins have potential to make money but im looking at ten years from now not ten months . My prediction " means nothing" BTC will drop below $5,000 , then its to the moon.

I'm hoping you're right. This addition to Binance could really see everyone wanting to fill their pockets.

finally..but it is 48% down today?

Lol are you new to crypto ? check on coinmarket cap for real price . First day Binance price are manipulation .

I care what i can buy it for..see the screenshot from binance below

Its a very informative post.I learned a lot from your post.Thank's a lot to you.@upvoted

Buy the freakin’ dip BTFD 4D9D25E7-42BC-4CC9-9461-A484B6A3F588.jpeg

This is the most intelligent statement I've heard all day. BTFD! HODL!

BTFD HODL😁

dont got it, what again?

BUY THE FRECKIN DIP & HODL stands for hold

Wishing the correction will hurry up

yeah :D cant wait it to finish

You have never mention once Tether in your videos or posts. You talk about the rise to $19k, tether could well have been used to pump the price, if this is true what effect does that have on future price predictions? I would like to hear you address the Tether issue if you would be so kind. Thanks

its part of fundamental analysis, seen the issues too and i am so careful with it, now i dont trust in any exchange wich is trading usdt aswell. looks like some people got some BIG bites of the cryptocake. usdt bubble? what you guys think?

Not sure if it's just my problem yet the video is "unavailable".
Will check back later, anyway thanks for the update my friend

Same problem for me.

Me too

@haejin you might want to take a look at the issue

Maybe it was uploading at that time. Now it is OK. 👍

Hold down shift then hit F5 on your browser

Reminder to ladder in your buys and not to wait for the bottom of the dip to buy in!

na go all in Decentraland (MANA)

oi mate stop trying to steal my thunder, i want those normie appreciation upvotes

can you upvote my meme

Says "video unavailable " is that just me or?...

Please @haejin, reupload the video :)

This is only my opinion, make of it what you wish :) :)
DQmdJ2S36HgpYnA2bWqSvN7zAbMfkrrmxnsFgqk76FcKGtC.jpg

My buy orders are in placed. Shopping weekend is coming!

Yes, very interesting, and calming too
What do you think of this laddering strategy ?

Screen Shot 2018-02-01 at 16.34.04.png

.

Ethereum price might continue to go down, depending on BTC I think. I would bet on EOS for more gain than Ethereum, as it could emerge as a primary coin this year, when ETH is loosing ground. Just an opinion...

Valuable info. Thank you Haejin Lee

Good lord, its gonna start the havoc soon.. haha

deep prediction, but it's seriously hard cause countries are already start their own digital currency example venuzualla and their currency is backed by Oil so other countries are also going yo follow them and those currency like bitcoin might be effected deeply.

When you say "made dash" do you mean "mad dash" ?

Video not uploaded , therefore unavailable. At a most critical time, sigh.

haejin the best!!!!, the video don´t work

Video not available

Excelente como siempre!


Bitcoin, Charlie Lee Tweets, Litepay Update, & Cryptoconomy
Thank you for your update.

Haejin youre a beast can you fuck my wife

What makes you think he's as good at fucking as to draw lines?

No video...

where is the video?

Hi Haejin,

Thanks a lot for your very detailed morning update. Here is my question :

I noticed that you have changed the previous ABCDE labelling of the correction for a 1-2-3-4-5 count. Do you think this wedge will break to the upside and directly lead to the next impulse or you think this is only the first wave of a larger ABC correction ? I must admit I am a little bit confused since I thought a leading diagonal could only be contained within a first wave (wave A in an ABC correction).

Keep up with the great work !

Thanks for keeping me mentally stable.

@haejin, have you installed any new browser extensions recently? That could be the cause of your mouse issues. Actually, when I installed the "haejin extension" in chrome it caused lots of issues on unrelated web sites (if the project was open source, I would have already fixed it). Good luck with that, it looks obnoxious!

About the cursor, i guess is windows? windows sucks in my opinion! if you get into linux it will never happen such things, its free, opensource and really stable in my opinion, i now use bunsenlabs distro if you want to try any linux i can show how to easily try it out without rebooting :) takes 15min or so..

Mouse problem
once I had a similiar problem like you with your mouse, it was caused with my bugged mouse drivers, after I deleted them and installed new updated drivers it worked well

Watching Haejin do Elliott Wave is like watching midgets run track. Just a train wreck on so many levels.

PS. Watch those 65% of hodlers capitulate when they go underwater 50-80%. All of a sudden that lack of liquidity causing upside will turn into 65% sellers and no buyers, with lack of liquidity causing downside.

Likely a short squeeze in the works near term though. After that, look out below.

Def buy the dip

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This straight up idea sounds amazing, but the only way i can see this happening if if lighting is introduced.

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