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RE: Bitcoin (BTC) Evening: When is the Best Time to Buy?

in #bitcoin7 years ago

Tony, apparently you only read the part of the post that you want to read. That exact same post he said let’s wait and see if the alternate path will be a bearish correction, with a head and shoulders pattern. Literally exactly what has happened

I’ll copy and paste the quote and link for you since it seems you’re on the lazy side. Here you go:

Now, this is ONLY an alternate and so NOT my primary count. But still, something to keep a close eye one. The implication is a healthy bearish correction. The MACD is also indicating that they will likely turn UP so again, not exactly supportive of a Head and Shoulders decline. Let's see what happens during the overnight price action.

https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-bull-flag-fractals-everywhere

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So he is always right, right?

I'll place a considerably large bet that he is right 50x more often than you would be. I would also expect that if you were to perform analysis like him, you wouldn't have posted that extremely important last sentence of the article.

Let's see what happens during the overnight price action.