Bitcoin (BTC) Evening Update: Newer & Higher All Time Highs Coming!! Short Term Target $6,200 !!

in #bitcoin7 years ago

SUMMARY

Well, here we are with another all time highs! I believe BTC will hit $6,200 soon and per the below chart, the could mark the top of the white circled wave iii. Following this, an a,b,c (red) correction for white circled wave iv. This could lead to perhaps $5,300 or so. Then an impulse towards $7,000 or higher...perhaps as high as $9,000. The video analysis has lots more details to tie it all in.

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Legal Mumbo Jumbo: 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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HAEJIN .when you selling ?
Everyone flag the spammer .

I had intended for sale of Bticoins at aroudn $6,200 or so. Subject to change based on EW.

It has already been to $6200 now, do you think it has reached the top and is heading down now? I have been looking at order books on various exchanges and the buyers / sellers orders seem pretty even.

I remember, but $6200 is around the corner ...
For now I might play it safe and sell a bit ...or not ?
All really depends of value of BTG ,if it’s a fraction of btc then top mite be near 6200.
do you or anyone have a idea of btg value
Only seen b2x futures ..

I think it will rise until the 24th and then after that its anyones bet.

Love your EWT analysis Sir! Have you observed a previous repeat of this current chart? Like the clear bitcoin cash repeater you had 4 days back?

Keep rocking!

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Thanks very much for all of your posts. I knew very little and am I'm learning a great deal including patience. Any thoughts on LTC when you have a chance?

Check out the daily volume and market cap of LTC to BTC.
I'm also waiting to LTC to boom, doesn't add up it's not, I feel one day it will just double or triple and never look back.

Nice analysis. Good call on Vertcoin. I missed getting in on that one. Keep up the good work.

good analysis as always! thanks haejin! any news about Zcash?

Hey Haejin...thank you for all your guidance and education in EW analysis. I have learned quite a bit . I've studied MONA and was wondering if you could analyze it. I feel like it had an impulsive extended 5th wave and is now in the C wave of an a, b, c retracement. I'm interested to hear your thoughts. Thank you!

Hey haejin, thanks for your analysis! I’m trying to learn EW. Why don’t you think the correction between 5100-5600 earlier this week is the a, b, c correction? If that’s the case, we may have been in wave V already? I appreciate your further explanation!

Are you all in BTC now until 25th, or do you have some alts that are down that you are holding? When are you starting to buy alts, at the dips now or after 25th?

I mean alts are dipping right now. Its sort of a crap shoot. Are we decoupled now from bitcoin? Will profits to go to fiat or be coverted to alts? I think we might finally see the latter happen then traditional drop with bitcoin.

very cool post and vlog, i like it

thank you for this haejin. im in all alts right now, ugh. i hope you're right. even though this might be wrong, i still love your work. will read this books for sure! (i hope it has kindle version!)

Thank you!

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