Bitcoin small move up for E of B then a big drop for C?

28 May 2018

Looks like we could move up to test 8k, possibly even go higher to 8800 or so. But then we could get a big move down for wave C. Gluck : )

11 Haz 2018

Not

I think D just competed...closing a daily candle back above 7k will give more confidence though : )

11 Haz 2018

Not

meant to delete that extra black trendline sorry : ) disregard

11 Haz 2018

Not

While this could go as high as 10k and still be valid this seems like the most likely scenario to me (top out somewhere between $8250-$8750):

12 Haz 2018

Not

There is a confluence of support here...if it's going to bounce it will happen around here:

13 Haz 2018

Not

Lots of cold storage being moved...if we break below 6200 we may already be ready for the big fall unfortunately.

13 Haz 2018

Not

Lol i'm sorry guys but apparently it was just Poloniex moving coins, regardless, daily candle is not inspiring at the current moment.

13 Haz 2018

Not

Looks like E was short:

16 Haz 2018

Not

Looks like we could rally to the 7k-7400 range but unless we can get back above the local high will assume we are going lower. 4h chart:

22 Haz 2018

Not

In typical GFY manner the market came just shy of 7k before the drop...ns the big drop has started yet though. If the lows hold we can still be in the midst of a flat correction for wave 2 (c will end slightly above or below a). If we break the lows brace for impact as wave 3 has begun. Good luck.

24 Haz 2018

Not

6k broken...bulls clearly nowhere to be found. Seems like 49xx is coming.

25 Haz 2018

Not

Can the tether gods give us a relief rally? : )

29 Haz 2018

Not

If we can break back above $6100 looking for a run to $7100-$7300 before the big drop.

2 Tem 2018

Not

6 Tem 2018

Not

10 Tem 2018

Not

This is someone I highly respect which gives me great thought about why my current count may in fact be wrong. Feel free to check out me getting schooled in the comments.

And this was great also which directly addresses why this count is probably wrong:

10 Tem 2018

Not

From a traditional TA standpoint nothing has changed...short term bullish target is still the same...and we still need to decisively break above the 1.618 extension to confirm an overall bullish trend reversal.

10 Tem 2018

Not

There is actually a nice head and shoulders forming now that we came down for the right shoulder. Target would take us to 82xx. Assuming we break the local high I actually am now 100% bullish on bitcoin.