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RE: Bitcoin (BTC) Morning Update: One more lower low probable

in #bitcoin7 years ago (edited)

Hello @Haejin and fellow steemians!

What do you think of BAT's recent development? It looks a beautiful cup&handle forming on the BTC pair.

If we do get a C & H than most likely a minimum growth to 22-23k satoshi is expected.

Looking at the USD pair this seems to confirm it and my target is close to $4 usd. I tend to elapse correctional wave 2 & 4 because of the hurry up and wait syndrome. However we all know how vertical can wave 3 and 5 go.

This is my analysis based on what I have learned from you @Haejin and I would love to hear your opinion on this.

However I do want to mention that based on a fundamentals I really think BAT is an undervalued tech. Compared to many of the coins that got pumped so huge based on some promised tech, Brave browser is a released product and while it is still in it's early phases it is actually very good.

I have actually dropped Firefox & Chrome after more than 10 years in favor of Brave. The inbuilt addblock system is already worth enough for the change. Not to mention the payment/reward system, that might actually change how web marketing works.

Thanks again for being awesome @Haejin! And I am VERY glad that you guys stopped the flaming war nonsense.

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Nice to see a fellow BAT bull :-) I'm in BAT as well and I'm positive that the C&H pattern will work out for us ;-) Wishing you a succesful year!