Bitcoin (BTC) Evening Update: Awareness Keeps the Panic Away

in #bitcoin6 years ago

SUMMARY

So far, the Head & Shoulders fractals seems to be holding. The near vertical rise today has and will likely provide higher highs. This still remains the primary count. However, alternates are important to consider and keep in awareness. This way, one rarely gets broadsided.

This chart shows that the red A wave is complete and B could be almost complete. Even if C completes, it woudl still not invalidate the H&S fractal. So, this alternate also jives well with the H&S fractal scenario.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Great post haejin. Lets ride this bull market.

You think @haejin will respond to you, that's cute. Donkey only cares about raping as much steem as he can with his promobot @ranchorelaxo.

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Why you care about crypto or rather why you HERE ? Last time I checked your interest is Music, photography and life style. So stay in your zone I am sure you have followers who upvote your content in your areas of interest and you too collecting some steem $$$$$. Are you expecting Crypto enthusiasts to start upvoting music, photography or what not content. NO IT WON'T HAPPEN. Stop being jealous and nosey. Haejin is doing his job and it's helping his followers.

Hi @dkalita123, it's great that you asked me. @haejin may be "helping" his 6 followers (the only ones who comment on his posts) but he's not helping the STEEM blockchain by sucking it dry with his personal promobot @ranchorelaxo. A very large team of us are working together to curb this abuse. Follow @flagawhale.

See: "Helping"

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Source

Thanks for your perspect of price of Bitcoin .

I posted this this morning about a possible mirror image of what happened in past months. Looks like wave 4 exactly taking that W shape as it did on the way down. Now if thats so wave 5 could potentially hit 12k and then start a correction in ABC format which can take BTC down to 7k range again. But what will happen after that would be very exciting moment. :)

Awareness is key...thanks @haejin!

are we finally experiencing a bull run

Thanks alot for Bitcoin update, i think will be $11000 in few days.

@haejin, can you make an update on Wanchain? Price projection for a year

Great article, you deserve an invite. On the Best Crypto Wallet with 25% discount CryptoPay.

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Good luck and prosperity!

Why does every comment here gets flagged... Don't flag me

I expect bitcoin to reach $10,000 in June, unless regulation is sped up and institutional monies come in sooner. Then it's to the moon before June.

You flagging cock-sucking pussies will NOT SUCCED!

BTC H.png
Waiting for the hourly close above $9,300 before making any further moves :)

Nice post bro. i invite you to visit my steemit.

Very useful information in every post.
Opinion is very appropriate in my opinion,
Thanks for sharing @haejin

i know my alphabets & numbers too :D

Very good information with good contents
Pls keep on sharing this type of knowledge .

This fractal looks bigger and I think we will go higher than $10400 for wave 5. In the last fractal we went from $7800 to $9800, hence this bigger fractal should take us from $8600 to $11600. The least i expect is $10600-$10800 Great Job so far @haejin

My senses are telling me that Bitcoin will be over 10k this weekend! @haejin
The consensus summit is coming up in mid-may, I think investors will buy heavily before the event. My personal opinion ofcourse, not a financial advisor. Great post!

There is still strong resistance at $10,000. So, be careful.

Awesome TA as usual Haejin.....;)

Someone sits behind the curtains and pulls the strings to cheat investors that the currency is volatile. This is a man-made market with all the market forces and changes nicely choreographed.

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Good Morning Haejin Fans; 5,3,5 is still on the table.

why 5-3-5 would be on the table? you think the wave to 12k or so is a major 1-3-5 impulse? No sir. The wave up to 11.8k was the B of the correction itself. And we had the C wave of the ZigZag 5-3-5 already completed. we have already finished wave 1 of the impulse up and 3 is in process. you know what i mean.

There are a handful of things about this that are fundamentally wrong.

I believe we'll see a steady rise, with minor corrections from time to time. Hope I'm right!

Once wave 5 complete how deep is the requisite ABC correction likely to be ?

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