By making another all time high, bitcoin has confirmed the following projections.
A=5400
B=7589
C=6917
N=6917+(2189)=9106
E=7589+(2189)=9778
V=7589+(7589-6917)=8261
NT=6917+(6917-5400)=8434
This wave, frankly, looks like an E wave. But I will take profit at the N target because I like to limit risk.
A=5400
B=7589
C=6917
N=6917+(2189)=9106
E=7589+(2189)=9778
V=7589+(7589-6917)=8261
NT=6917+(6917-5400)=8434
This wave, frankly, looks like an E wave. But I will take profit at the N target because I like to limit risk.
交易結束：達到停損點:
BTC went down hard. May he R.I.P.
Sweet dreams, gentle prince.
Sweet dreams, gentle prince.
While it is getting less and less likely that it will continue rising, we must prepare for the event that bitcoin does decide to ride past our E target from this previous trade
For this reason I have created these updated bullish projections for bitcoin.
However we must keep in mind that we are in a place price-wise that I would consider "top-heavy" or simply meaning it has a lot of people holding it that are feeling like they want to take profit. Because of this I have doubts of the bull's ability to maintain control. In other words, *this trade may fail*