BTC title says it all - looking for BTC to $3,200 and a bounce - then $1,226 and a bounce and then the final drop to $398 EXACTLY where no one thinks it can go - also this should put GBTC right in the .40c area and a pretty good bet at that time - notice we said "bet" not investment. We'll see how this long term call shakes out. #trading #crypto #fintech #Bitcoin #ICO
Yorum
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Well surprise surprise here we are at BTC $3,200 let's see how this all shakes out. Good luck to everyone.
Yorum
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Could take a while along with some strong bounces but next stop below should be $1,226 - we'll see.
We always find it amazing when someone posts on our short calls made from Wayyyyyyyyyyyyyyyyyyyyyyy back when "It was easy to see the fall of crypto coming back then" etc etc etc but for some reason all we ever heard back then was " you're an idiot you dont know what you're talking about " or " your TA isnt worth a dime" " you have no idea what you're doing " - and guess what - we NEVER hear from those people now. The same will be with these current haters. Bet against us at your own risk. Good luck to all.
beardown8292
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@london55555, you’re class act for sure!!
Just curious about your opinion about bitcoin long term? Will there be another run up in your opinion or did George soros ruin that opportunity ?
Thanks L5
NewYork888
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@beardown8292, well ill answer this way - we want to get very long BTC at $398 no matter what mr Soros does and you're right to know that he is a real risk to BTC - Thank you for the comment.
beardown8292
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@london55555, will you be here for the fun if it works out?
We need you
NewYork888
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@beardown8292, We'll be here either way but as always the haters will not - they run and hide after leaving their nasty posts knocking our charts / ideas once proven dead wrong.
deactivatedaccount123
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For those that don't believe that this call can happen, I implore you to check out the long-term BLX chart.
We are in the beginning stages of wave 2. For those that are familiar with Elliott theory, wave 2 can retrace up to 99% of wave 1.
In theory, Bitcoin could go ALL THE WAY back to 2 cents. Though, I highly doubt it.
Either way, a $500 BTC is not out of the cards, at all.
I was a permabull until I realized what wave we are actually in longer-term. Right after the initial plummet.
NASDAQ is entering the scene.
Fidelity.
They missed the train and now they're bringing the train back.
This will take quite some time, years maybe.
But then... then we start wave 3. London probably recognizes this which is why he says he wants to go very long at $398.
Get ready for true capitulation, boys.
NewYork888
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@mc_peewee, 100% correct - thank you for the comment. What trapped longs dont want to see or admit is the EW long term not the short term which can be twisted to suit any opinion whatsoever is what one should be looking at along with Sharp Ratios and about 100 other data points. Again thank you for a thoughtful comment.
dRends35
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@mc_peewee, Nice comment.
Andrew_Munz
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Man....everyone's TA is absolutely worthless. This guess is as good as the next. Throw a dart!!!
NewYork888
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@Andrew_Munz, This "guess" as you call it is the result of over 100 data pts in our algo