Update on BitShares, I think there is still one more wave down. Even if Bitcoins price takes off like Haejin wrote in this post, it could make the alts go down if people are trading from alts to bitcoin. Or it could go down from Bitcoins price not being out of the woods yet and go down to around $7k like Haejin mentioned from yesterday’s post. It’s crunch time so people are getting anxious for the price to boom so that’s why there are many opinions. I can’t see any other alternative for BitShares but if you can and you think my graph is wrong let me know I would appreciate it.
Nope, you're absolutely right. Except I would have counted it as a zig zag 5-3-5 and your count is a flat, but hey, who cares, same destination right? ;)
Target is $0.17 for BTS by the way on my counting.
Oh okay yeah a zig zag is probably right, either way they both end with 5 waves on the c wave. Looking forward to below $0.20, I will be very happy, I’ve been holding off buying more until wave c finishes.