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RE: BTC Morniing Update: Will Bitcoin see $7,000? Check out my Analysis!

in #bitcoin7 years ago

Elliott Waves states that a news or an event shall arrive to justify the forecast, and never the reverse. This means Technical Analysis begets fundamentals and not the reverse. For this reason, I almost never try to jive upcoming events with my analysis.

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I found what I think is a great summary for newbies regarding Elliot Waves and I though it would be good to share with others. https://bullwaves.org/traders-guide-elliott-wave/ Hope this helps some folks!