To be honest, this is the weirdest sh.t I have ever seen, but I have to accept it and move on. The market is always right.
This is a clear indication of BTC strength.
Yesterday's count was invalidated at 8607$.
The wavelengths are standard estimations, and can easily end up a lot higher. 12k is easily possible with this exact count.
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
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Let's go to 12k.....
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the trend is your friend, let's just follow it...
(blue wave 5 up to $11700)
How is this the same count? It is not ^^.
you're right lol, my bad... I posted the wrong picture... the bigger picture is wave 5 up to $11700.
A lot of this increased BTC strength has probably been driven US Binanace users liquidating their alts for BTC and getting the hell out.
probably .... but not alone .... the summary of global newsin the last 2 weeks accumulated to the actual pump(trade war US-China+Iran+SEC+EU+...) ... the question will be, if this pump will be self-sustainable on global news, or if it breaks down, after the pressure is gone
It break out of 4h kumo. What did You expect? A drop?
A false breakout is what I expected.
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