Bitcoin BTC - Feb 8 Long Term Target $35,979 Is This Possible? Logical Argument

in #bitcoin7 years ago

Is $35,979 possible?
An Ellliot Wave and Fib Extension Argument By Example
Long Term Bias (6+ months) - Bullish
Long Term Target Prediction - Primary Wave 3, $35979+ by 2019

Firstly to show how another random coin, OmiseGo reached extension target 1, and 1:161.8 extension target 2. This is much more common than we think.

We also see similarities in other coins like IOTA.

Here is IOTA during its wave 2 consolidation under $0.40 range before the massive breakout.

Then we know the rest with IOTA after breaking out.

BTC is here to stay. We must accept that fact wether we like it or not. It is a revolutionary piece of technology with the potential to change and disrupt the world.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Automatic Stop Sell/Buy Executions
Lesson 16 - Advanced 55 EMA Strategy with Time Frames and MACD Part 2
Lesson 17 - 6 Hours Live Trade Scalping. Growing $2,000 Account into $3,500
Lesson 18 - Bitcoin BTC Feb 6 - BTC Update - Summary of ABCDE with live play.
Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1

If I've helped you, consider buying Luna and myself a beer

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

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Phil. I watch closely three TA's, Haejin Lee, Alan Masters and you. By far you are the most accessible. And certainly the most entertaining. More than that, you are inspiring me. Thank you.

Man im addicted to your content. I feel why i did not find you 1 month beofre when i entered the market. Thanks so much for your time.

I found him in late november and he showed me haejin, now that i have more experience I m back to phil to scalp properly. Also his content quality has really improved in 2018 after December downfall .

Thanks for all this knowledge! Please keep posting and teaching us!
SelfMade

man , you made me 1200$ on that first Bitcoin cash fomo peak when you hit the prediction dead on , recently you made me 150$ just yesterday !! thank you for the knowledge , calms my nerves. Specially after i got hit so baaaddd with bitconnect ! i hit rock bottom and am lucky i didnt invest too much into it... so im trying to make my way back up to just about break even for now. Cant thank you enough !

Love your work Phil, you are doing a service to this community that is full of greedy individuals looking to make a quick profit off the backs of the uninitiated. Twitter is full of those wanting to pull you in to teach you to make 500% profits , most looking to scalp you for a quick grand and then use you to pump up coins they hold and leave you with the bags. Thankfully there are some roses among the weeds. Keep up the great work my good man.

super happy to hear you're enjoying the content!

Thanks dude!

You can't argue the Fibonacci! Elliot coin will live again!

I always say logic and crypto don't usually go hand in hand :) thanks for sharing!

Would love another iota breakout.

Thanks, but you should label sub waves of "i"

who cares about degree ;D

I think that a lower low is needed, btc go to 3100 please :)

@philakonecrypto back at it again!!! I love your posts and your videos always give me reassurance in my investments. Keep it up!

So you did used to play dota, earthshaker!

Bitcoin and Bitcoin Cash remind me of dota and dota 2 plus the rest of the community :)

ı love ıota

Glad it's my day off so I can start going through all your tutorial vids. I really appreciate you putting all this info out there for us.

Thank you for letting us be a part of your journey... I'm a music teacher myself and jumped in the cryptos about a month ago. Learning a lot from your videos and tweets. Respect.

Just would like to add that this video was a great motivator... I was getting a bit fatigued in this bear market.. Thanks again.

This video felt like a warm hug. Thank you Phil. much love brotha

Thank you papa whale x

i love you but would appreciate less tweets of "i made 1$ in 1min" and more of your awesome content <3

Also, do you think we hit ~4k?

damn Philakone you just motivated the shit outta me bro lol more tips for luna soon!

So grateful!! Personality, analysis, hard work and respect is on point!!

Someone is in <3 :) Great going :D

very inspiring! Thanks for the good work!

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin8399.120$5.11%-14.06%
ETHEthereum834.202$2.87%-25.93%
LTCLitecoin148.174$-0.62%-4.78%
MIOTAIOTA1.827$5.77%-13.64%

Looking forward to watching this, I'm moving house no net for a week! I'll just have to hold onto my BTC and see where it's at then. Got stuck in a shitty coin after that last bottom lost 40%. Lessons learned. I'll be back, I'm a survivor! Love your work!

can i do these trades with btc or do i have to use fiat ? im from a country where its difficult to use fiat on exchanges .. thx

do u do these trades in btc or fiat ? im from a country where it is hard to trade with fiat on exchanges

sorry if a bit offtopic but what do you use to trade or websites in general

I wish I could follow you much much earlier. Thanks for effort you're putting in to guide us. Above all of that, your words are the most inspiring of all!

Thank you so much! I'm learning a lot from you! ;)

Thank you for your feelings, to share them and being open to us. We love you, and the community needs you. So inspiring. I'm really into this full live style. I've been training myself with your videos and some other books and now still feel I don't know anything, but when I watch to your videos I KNOW I can make it. All my love and wish you a WONDERFUL AND POWERFUL 2018. sucess!

Even if you are wrong in the end (just a big IF), your teaching style has already sparked the interest in trading in a lot of people. Thanks, and I am reading about Elliot Wave.

So according to this, by end of 2018 it'll be at 26K. Time to go in big once it hits between 4K-5K!

Another superb video tutorial. Thank you so much Phil for your willingness to help us baby whales ;) cheers

Philakone, I been watching your videos and learning so much over the last two weeks. You have made me one thousand times a better trader. I have nearly made my way through your tutorials (taking notes and working on my skills throughout). You are great, and I wish you all good things.