SUMMARY
Bitcoin (BTC) had 6 down days in a row and so technically, it was due for a bounce and I believe we're seeing it. The below chart updates the subwaves of C wave and if it is to be complete, then price needs to retrake the upper white trend line stat! The vertical nature of the price move looks encouraging.
As an alternate, the below abcde triangle pattern morph could be considered and if so, the whole correction will become more complex. Bitcoin usually has not patterned out complex combinations since its early days of low liquidity.
IF the abc minor correction is complete, this longer term perspective looks bullish because what comes after wave 2? Wave 3 and it won't be lower than 1.
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Is there any possibility of BTC surpassing 20K ever again?
Update ေတြတင္ေပး႔အရမ္းေက်းဇူးတင္တယ္
I like betcoin and steemit. This is good update news about Bitcoin. It's help my work
why such a hateful post? downvote
why haejin scam so much from steemit? fuck him
scam? I wish to know what do you mean.
He is creating interesting content and thats why people follow him and vote for his posts.
at the same time you are abusing this site by following over 15k accounts hoping that some of them will follow you back.
$150-200+on every post, not his followersCould you please point me where did you read that was an abuse?. sounds like you just had to tell @thabiggdogg something back because he called @haejin a scammer. That may be your own view, i do not see nothing about that on the Blue or the Whitepaper
Pd: By the way, did you read them do you?
sublimate@crypto.piotr
this user @truthtrader is getting flagged for sharing some light on the subject, look the downvoter, is @starjuno. He does not have the decency of downvoting it himself
can you start to see the voting ring?
@sublimate
Thank you for your kind reply.
Im very new in this community and obviously Im not sure how things work here. Ive been actually reading @haejin content and I found some of his posts quite useful. He isnt my fav author but I still couldnt understand why there is so much hate in the air.
I start to realize that there is some sort of flagging war happening here and it seem to backfire on regular users a little bit to much.
Thx. Resteem.
This is a great post
Please can you emphasize more on the continuous fall in bitcoin?
Another great post. Thx buddy. Im quite new on steemit and so far you are one of my favourite content creator here. I follow and upvoted. Please continue with writting such an usefull posts.
Price formed a double bottom at $8400 which also means the downward momentum has subsided. The buyers are trying to hold off the sellers. Price is trying to absorb all the sell orders at $9350. If the buyers can take out the sellers at $9350, the next stack of sell orders is at $10000.
Nice to know
bullish mofos!
Sounds like you full tethered
nice analysis thanks for the post
BTC = $9,223.99
24h -2.1%
1h 0.81%
i've been following this for a quiet a while and i have to say its unreal that he gets paid 200 usd for every post he makes couple of times a day for this
Let's think a thousands of people are in the stadium being under restraint and there is only a bottle of water. How much can you guess the price of a bottle of water? 200 usd ? 10 usd?. I wouldn't think it is unreal if it costs more than 100.000USD.
Hello,don't forget US Marshall will soon sell about 2000 BTC.It could make some incidence on price?..
thx!
Thanks. Can you do an update for Dragonchain?
Dammit @haejin, I can't even count the number of times I tried to suggest it was a browser extension!! :P
This,, is a great post
Please can you emphasize more on the continuous,, fall in bitcoin,,
This is, a great post
Please can you emphasize, more on the continuous fall in bitcoin,,
Here's some value for the bitcoin debate that has nothing to do with TA. https://steemit.com/cryptocurrency/@shanghaipreneur/community-brings-value-to-bitcoin-and-other-cryptocurrency
Please update. Appears the trend line has been taken out?
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Dear @haejin
You have been flagged via the flag-a-bitch app. The reason is you have been found to be Raping the reward pool with a rate of around 2.133% of the reward fund. To add onto this, your TA's are so horrible that a simple check with a mock portfolio will provide a negative value.
The flag-a-bitch app is being used on you because of your consistent blattant abuse of steemit through means of: abusive self-upvoting, collusive coting groups, and disagreement on rewards. Since we deem that you have been damaging the steem economy, we flag you.
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Thank you!
Nice explanation! A couple months ago we were under the impression that 6K-8K might be an unfortunate realistic bottoming of the price...at least we've had a run that's broken 10K! I have a feeling there might be a little more bouncing ahead...but then we are going right back up past 12K and much further! Patience my friends! HODL!
If you are a follower or a hater please take a minute to read
https://steemit.com/steemit/@mattjack/reward-pool-rape-or-simply-jelousy-by-the-simple-minded
Resteem if you think this is a discussion that should be held!
you guys act like his stealing 100s of dollars from you personally. His not stealing anything from you, so you must be either jealous of how much he makes or mad because you blindly followed his advice and lost money.
Its an important post
I continue to find myself in disagreement with Haejin's short term analysis. Yet, I usually get flagged for saying so, even when doing so respectfully. Let's see what happens this time?
Here's why I disagree
It is hard for me to be in disagreement with Haejin as he posts several different outcomes over the course of several days and modifies them as needed. I believe he posted an agreement with your scenario yesterday. I appreciate the differing perspectives he offers, best to be prepared.
I may have missed that. If so, my apologies to Haejin. Recently, I have found that I do my best technical analysis work when I ignore the bias of other analyst as most tend to lean bullish which gives a partial perspective and can cause important indicator overlooks.
I believe news is downstream from technical analysis, however, when traders only ever read the tech analysis of others and never do their own work, then it simply becomes another news stream.
Everyone gets flagged if they comment on his posts, not just you. So don't feel it is due to your comments. There are bots attacking his followers. When it gets bad he will post a comment that you can post under to avoid getting down voted.
Unless you are being flagged by him or down voted by him, then that's completely different.
you guys act like his stealing 100s of dollars from you personally. His not stealing anything from you, so you must be either jealous of how much he makes or mad because you blindly followed his advice and lost money.
thanks. it would be useful if he would include the current price in his TA. 1,000 is a steep move, let's hope we break resistance before testing support
you guys act like his stealing 100s of dollars from you personally. His not stealing anything from you, so you must be either jealous of how much he makes or mad because you blindly followed his advice and lost money.
hahahaha. points for originality, haven't seen that one yet