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RE: Bitcoin (BTC) Mid-Day Update: Potential Breakout Target?

in #bitcoin7 years ago

Does this not contradict your previous video where you spoke about another H&S fractal and another lower low. I'm confused. 2 videos in the same day that put price and trend at complete opposites of each other.

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They are possibilities. Don’t follow Haejin expecting him to show you the right path, he is here for guidance. It’s your responsibility to make your own decision and not blindly follow someone who just posts possibilities. I Love Haejin but he makes these to keep you aware of the possibilities, not to tell you what moves to make.

@bitshareboy That is exactly the right approach to take. Anyone using Haejin's guidance needs to be prepared to put in a lot of time learning. The prices that he posts are based off of Fibonacci ratios, and can change if the waves don't develop as they were developing at the time of posting. It's about probable outcomes.

I appreciate that but there is no mention of the previous video here which can make it misleading. If he is showing an alternative path\count then saying so would be useful. I appreciate his work too but this video can be very misleading. To the apex we go.

Haejin considers different probabilities in his posts...he tells you what to look out for if different scenarios occur. This way you can be aware of the probable outcomes for different events...If you're confused watch back Haejin'd analysis few months back...he is very consistent in his approach.

Watch the 2 videos in question you may catch my drift so to speak. I know he is usually very consistent and have followed him for a couple of months now. Just my observation.

For longtime followers like me, this is apparent but for those who are newer, I think there is value in pointing this out now and again.

Do you have a crystal ball?:)