Bitcoin (BTC) Morning Update: Follow the Leader!

in #bitcoin7 years ago (edited)

SUMMARY

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Ethereum (ETH) still holds the baton and is blazing the price pathway for Bitcoin (BTC) to follow. The D wave stage breakout was absolutely crisp and vertical with the needed surges in volume and price. The price move can already be seen to be in an impulse motive as shown by the white waves. Wave 3 is still in progress and once 5 is complete, a minor correction should follow only to allow a breather for the resumption of the uptrend.

Bitcoin (BTC) is still working on the surge breakout. However, note how prior rises were in spurts. Right after the second fractal (white box); observe how prices rose in small vertical spurts, rested and went vertical and rested...this cycle was repeated. This type of price move is a "personality" attribute of Bitcoin (BTC) and the curren breakout move is expected to move in a similar fashion. The five waves are labeled and BTC too will also do a minor correction after the abc retracement. Once wave 5 is complete; the $10k barrier should also be broken.

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Follow the Leader!...:)))...

Hey Haejin,
really wondering how Golem is doing those Days!
Its pumping crazy - loved to know if it has more Gunpowder or will correct now?

ETH and BTC are looking really bullish.

about time Eth joins the party. Bitcoin Cash has been looking good too.

already be seen to be in an impulse motive as shown by the white waves.
good information

Rally time!!

TA BitShares???

haejin, i cant get on the page of bitcoinlive... tried so many times

Here is the link to use:
https://get.bitcoin.live/haejin/

must be something in my settings i guess, still doesn't open... what could it be?

interesting

We have past the low resistance point for too long now, and the support is getting stronger each day above 8K, and soon above 9K. We're at the point of no return.

This means we'll never see prices below $8K for a very long time, if ever.

Broke the resistance finally 9481, and now its an upward trend, will see bitcoin crossing 10k soon :)

PLEASE DO CHAINLINK

So after a complete wave 5 till 10400 we can expecta pullback ???

How deep will correction be after the higher degree wave 5 completes at 10400 ?

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Dear SIR @haejin ,First of all, thank you very much for posting so beautiful, we generally have very little idea about Bitcoin, many of us do not know Bitcoin without working with Bitcoin,
SIR was very good for your posting, because you provided the right information through which many will benefit, thank you so much for posting so beautiful and will help others by providing such information in future.
After knowing some things then bitcoin should start working,
For example: ...... Bitcoin is the sign currency traded through the Open Source Cryptographic Protocol. There are no financial institutions, regulatory bodies, or fixed houses for Bitcoin transactions. All processes of Bitcoin are completed online through an open source software or through a web site. In 2008, Satoshi Nakamoto introduced this currency system.
So if you share some things with you please do not (-upvote) please, because by this I will get a lot of my rank rank #upvote please.

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