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RE: BitShares (BTS) Short Term Consolidation

in #bitcoin7 years ago

Elliott Waves states that news or events shall arrive to justify the forecast, NEVER the reverse.
You seem to be going in reverse.

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Gaining an understanding of Elliott Waves has given me a lot of peace: I'm no longer worried about the news. The sentiment forecast- i.e., the wave principle- provides a framework for understanding the ups and downs... the ups and downs are just puzzle pieces being placed into the waves. Thanks you Haejin for informing me about Elliott Waves- I've furthered my studies and am enjoying the path!

thank you @haejin for taking your time to read through this wall of comments and calming my mind with the EW principle. one week left for holidays to start and the books to arrive, I'm pumped!

I wish I could agree with you, but Tether completely destroys the integrity of the crypto market. Your forecasts are mostly positive which is great to see, but when Tether collapses, every single crypto asset will take a major hit. Especially Bitcoin, IOTA, and now Cardano.