BITCOIN (BTC) Update: Lower Lows

in #bitcoin7 years ago

The weakness in Bitcoin as well as all cryptosphere portends that the low of Wave A (red) will be breached. If this is the case, then Wave C (red) is mature as wave 3 (blue) will complete soon.


If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: 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.

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thanks much dude! love that you are on video's now. would love an update on NEO. Your last post on it showed it in an uptrend, but it looks as if perhaps it was invalidated and we have some lows coming in? Thanks!

Bitcoin Cash, EOS, and Ethereum Classic would be awesome also ;)(don't worry guys, i tip well!) ;)

We are on the wave 4 in correction isn't it? The 5th is the worst one so we haven't seen nothing yet

Wow I really thought it would hold at 4k. But I am getting as much fiat into this dip as possible. I am very excited for the opportunity! How long do you foresee the dip lasting or playing out in the charts?

I bought the dip its above 4k now

thats called bull trap. Be careful, when its a downtrend its worth waiting it out. Patience will pay off. What you saw is buy wall pushing the price higher. Believe me. Its whales pushing the price up for short term and they will dump it and now you will get lower lows. This will further decrease the price. I have been watching it happen for days. I knew it this morning last night rise was fake when it it dumped at 317 and then there were big walls setup at 305+ that pushed the price lower. Then the walls were pulled from 275 for eth and then there was one at 270 that pushed the price higher. I am waiting on the sidelines, I strongly believe we are going to see lower lows. Its inevitable at this point by the trend thats been taking place last 12 days.

Yes agreed nkd11's statement here even though talking about ETH price but it is same thing...

I completely agree. This is going lower.

only time will tell..

i agree the FOMO will cause people to jump in before the bottom - i must admit im nervously sitting here waiting to jump in but want to believe we are going to see $3000 before i jump in - must admit it takes nerves of steel to see it drop lower and not be tempted to jump in for fear of it shooting back up

voted and reesteemed

https://steemit.com/cryptucurrencies/@antarlz/mine-verium-solo-through-your-wallet

check my last post about cryptos too!

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Im sleeping on mine. Maybe a buy in if goes Low.

Set your ladders people, my guess is it will hold above $3500, as people are very eager to get back in

I think you are correct there are a lot of people waiting in the wings - however if it breaks $3500 its going to $3000 for sure

@haejin where is the end of blue 3?
I always upvote and resteem your BTC steems.
Thank you.