Bitcoin (BTC) Evening Update: Overnight Could Put In the $8,200 or 0.618 Fib Level; This Level Needs to Hold

in #bitcoin7 years ago

SUMMARY

Bitcoin (BTC) is still carving the subwaves of 5 (blue) of 5 (white) of C (red) of the ABC correction. These waves compose the ending part of the ABC correction. Based on prior analysis, the $8,200 is the 0.618 Fibonacci zone and perhaps overnight this target could be hit. The blue waves have all but wave 5 complete....let's see in the morning how the 0.618 zone holds.

The overall bigger picture is holding to the blue 1 and 2 waves and that the abc red are subwaves of blue 2. We are now completing day 2 of being below the white trend line. Once teh $8,200 is hit, price needs to turn up. In the event price slices right through the 0.618 Fib zone; the Elliott Wave and patterns change to an alternate count which will be discussed in the morning.

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Any chance of holding at this higher fib?

Any chance that @Haejin will ever fucking make a post that @RanchoRelaxo doesn't upvote?

I see it different and now a rsi bullish divergence reinforce this wiew. But it’s a
Very uncertain situationAF0993D8-072F-4E24-81CE-0F2D839D5C4B.png88D8BA51-4C27-4A65-8582-0D1B2FDD893F.png

Bitcoin's dead. Long live Bitcoin !!!

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Nah looks like 6 k again if this dip continues! Everyone saying 6K! I be buying big at 6K though.

This market sucks just arbitrage http://arbiswap.com
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Hmmm...4800 here we come?

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They need to check security and have a good support thats helps with maintenance of security. They cant do it alone(the crypto bank). No more hacks.

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Upvote my comment

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Thank You! ⚜

I'm just here for a share of the curation reward...

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how about this case

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Tron was here!
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Tron was here!
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Tron was here!
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Tron was here!
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Tron was here!
Leave @haejin we will win! image

Tron was here!
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Tron was here!
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Tron was here!
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Dear @haejin

You have been flagged via the flag-a-bitch app. The reason is you have been found to be Raping the reward pool with a rate of around 2.133% of the reward fund. To add onto this, your TA's are so horrible that a simple check with a mock portfolio will provide a negative value.

The flag-a-bitch app is being used on you because of your consistent blattant abuse of steemit through means of: abusive self-upvoting, collusive coting groups, and disagreement on rewards. Since we deem that you have been damaging the steem economy, we flag you.

If you would like to help us out with our quest to fight abuse you can check out our post here.
Thank you!

Steemit incentives upvoting him simply because his posts do well, it's a vicious cycle. I upvote every post even though the TA sucks.

How does it incentivise it? You get way more rewards to upvote a post that nobody else has voted on over upvoting a post that hundreds of people and some whales have voted on.

Do you even know how RShares work? No you do not get more rewards by voting on his posts I mean unless you have a fuck tone of MVests and you vote really early on but you simply do not have those MVests

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oh it just costs half of STEEMIT to blast that post whatever that even means

why are you spamming here ?

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