You are viewing a single comment's thread from:

RE: BITCOIN (BTC) Update: Ok for price to dip back below the Neck Line?

in #bitcoin • 7 years ago

Hi Haejin, thanks for the insights. The head and shoulders is confirmed.
Does this means we are still in Wave V rather than abc correction? and higher highs are possible?
Furthermore even if higher highs are possible we still need to retrace much of wave v to push towards $7000?

7 years ago in #bitcoin by
$0.00
    1 vote
    Reply 3
    Sort:  
  • Trending
    • [-]
     7 years ago (edited) 

    Yes, if prices exceed $4,900 or so. I'm selling into this rise and awaiting the Wave IV; so to me after Wave IV down is done, then Wave V will create $7,000 prices.

    $0.02
    • Past Payouts $0.02
    • - Author $0.02
    • - Curators $0.00
    3 votes
    Reply
    [-]
     7 years ago  

    Thanks Haejin.

    $0.00
      Reply
      [-]
       7 years ago  

      I agree. We need to clean out the Wave III otherwise can not see an significant extension above $4900. Only then $7,000 to $10,000 is possible.

      Good post.

      $0.00
        Reply