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RE: Bitcoin (BTC) Morning Update: Why a Completion of the Wedge Pattern Could be Better..

in #bitcoin6 years ago

Indeed that was @haejin primary count from a few days ago.

Though I observe that the last C correction started a monday - the 15th of January ... Could that be a coincidence, where we repeat the same scenario?
In this case, tomorrow monday 22nd could be the start of the final E correction.

I see it as a more likely option at the moment, specially with the 1st official announcements from South Corea and European regulators arriving in the beginning of this week.

There is always a probability it goes up to D before that the way you say. Thats why we should learn to ladder the buys just as a master analyst would do...

Not an easy job, but thanks @haejin for bringing this information accessible to the newbies and really pleasant to hear and learn.