Bitcoin (BTC) Evening Update: Two Scenarios but Same Destination

in #bitcoin7 years ago

SUMMARY

The minor correction is still in progress and I believe it'll be the ABC kind and not a complex type. I don't think there will be an alternation of corrective type between waves 2 and 4. The below chart shows that potential abc (red) correction before resuming towards the 5th wave.

From zoomed out picture, the abc (red) fits pretty well; though a bit steep and short in time.

The alternate shows that the current decline today could be the red A wave and the B and C are yet to come; as shown in below chart. It only means that more time will be taken by the correction; but the destination is the same.

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Once we are above 10k, sentiment is going to change. People will want to get into the game again.

Hello Haejin. Can you please post about ECA (Electra). Thanks.

I'll post on ECA tomorrow.

Watch out it's gonna be messy...

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Here is the analysis for Electra (ECA); please use only to augment your due diligence. I truly hope you find this helpful.
https://steemit.com/electra/@haejin/electra-eca-simple-beginnings-to-super-endings

I wish you MASSIVE profits!

What do you think about the recent 100% gains of Dogecoin? Would you suggest a cryptocurreny newbies like myself to invest in Dogecoin?

Be ready, here it comes:

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your information is very useful

Bitcoin will do to the banks what the email did to the postal industry. We have decided to put our money and our faith in a mathematical structure that is free of human or political errors.

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Good luck and prosperity!

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love the TA always a go to for me.

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Nice post as well as nice presentation about bitcoin evening reports @haejin after seeing these reports charts i hope so your are right.

Bitcoin was due for a correction. I thought it would come sooner. That's okay. Just buy the dips. Then use it to trade for steem power.

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Thank you so much for Betcoin evening update,great post,good job.

Your post is always different i follow your blog everytime,your post is so helpful.I always inspire of your post on my steem work.Thank you for sharing @haejin

You follow my blog @powerupme and upvote please

You, who so cajoled others to meme the donkey; You who got caught red handed colluding with berniesanders and steemcog and hendrix; you who keeps stoking others to flag me. Who's the bitch? None but yourself! That tag #youflaglikeabitch belongs to none other than you! Only the one who is truly the bitch can write such befitting tag!

GaeNyun!

Steemcog, you actually think people believe that was anyone but you? LOL :) Donkey is a nice way of saying you are an ass.

Steemcog? You actually think people believe that was anyone but you? LOL

:) Donkey is a nice way of saying you are an ass.

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