Updated EW analysis of BTC to 52xx-45xx

22 nov. 2019

Interestingly EW wave #3 [161%] of wave #2-#1 formed at 7003. Will we reverse from here or will we close this wave#3 at 6400-6600

If this goes to 6400 and reverses, the targets are projected above. However i will update the chart if this ends at some other place.

8 janv. 2020

Note

Approaching wave#4 targets. Expecting a run down between 8.6-8.7. 9.3k being the maximum top. Can't rule out a wick above it. But candle close is what makes the point.

I am Readying for positional balance load.

12 mars 2020

Note

Finally reaching end of wave#5, but looks like its not over yet. Holding from 8.7-9.8 made more than decent profits. People will believe in absolute bottoms and will try to elevate this up.

If any lower, i am seeing it hitting 4085-44xx-4920 as bottom in couple of weeks or in months. For now i will do swings. Once i realize it would be a good time. I might load positional balance.

Note: My idea is for not swing targets. I am doing positional loads at peaks and bottoms. Please don't consider this chart for day or swing trading.

13 mars 2020

Trade fermée: cible de profit atteinte

Good Devil!

That was quick. Unreality will settle in. Price will move up and down for a while and then we take off. No one knows when we will start to go up. But we will see new levels in near future(probably months - especially in September).

All i can say is, this is going to be a new phase for Bitcoin from now on.