I don't understand, 6 hours ago you told something completely different > Bitcoin (BTC) Morning Update: Unless Upper Trend Line is Retaken; $8,200 Still a Target
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I don't understand, 6 hours ago you told something completely different > Bitcoin (BTC) Morning Update: Unless Upper Trend Line is Retaken; $8,200 Still a Target
Market information is fluid. Positions are taken based on the most current available data. 6 hours or a day is almost plenty of time for a immature currency market to be turned upside down. Currently i think we are experiencing a bull flag. This will get people to buy before the actual bottom. The market manipulators have gotten extremely good at this.
Maybe it its time to change your mindset and base estimates on facts, not on waves :-). Read my blog and you will find out why bitcoin did end up higher, precision on the hour. Keep an open mindset.
The purpose of Haejins TA is to give as many likely scenarios so you can watch for key turning points. You cant blindly trade on this advice. you need to keep all likely scenarios on the table with a plan to combat them all or you will be defeated by any trading market. Especially Crypto..
There is nothing wrong with Haejins TA, but read my full blog and you will find out why the bitcoin went up...