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RE: Bitcoin (BTC) Morning Update: An Alternate Count to Consider with Potential for Wider Implications

in #bitcoin6 years ago

Excellent video. Thank you for laying out some possible paths. I was not a fan of BTC heading to $23,000 very quickly without some corrections. The path laid out seems very plausible. I following deeply mining stocks. Probably the closest thing to the volatility of cryptos. They usually go up quickly and then correct slowly and often bouncing between RSI of 30 and then 70 all the while MACD confirming the trends. They also bounce off of Bollinger Bands.

@ haejin, do you ever use RSI or Bollinger bands to guide your Elliot Wave analysis?