Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation

[JayJuanGee]

By the way, I sent the above image to someone via text in real life, and at the time of sending the pic, I pretty much said:  "You need to be more like me," and the person told me that I needed to explain the picture MOAR better because the picture does not make sense, and I refused to explain the picture.  I said that the picture is self-explanatory.. and should be studied more closely in order to understand it.  

One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture.

[shahzadafzal]

#Bitcoin is the life boat. Don't miss it.

https://twitter.com/level39/status/1486159410514833411?s=20

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[shahzadafzal]

By the way, I sent the above image to someone via text in real life, and at the time of sending the pic, I pretty much said:  "You need to be more like me," and the person told me that I needed to explain the picture MOAR better because the picture does not make sense, and I refused to explain the picture.  I said that the picture is self-explanatory.. and should be studied more closely in order to understand it.   

One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture.

hahaha i also sent this pic to someone and this was the reply :p

[ImThour]

Elliot Wave Theory on BTC at Weekly Time Frame

[ChartBuddy]

Explanation

[Gachapin]

Elliot Wave Theory on BTC at Weekly Time Frame

Yeah sure...

Can't wait to see that 1k$ Bitcoin

[BTCaesar]

Elliot Wave Theory on BTC at Weekly Time Frame

Yeah sure...

Can't wait to see that 1k$ Bitcoin

I will definitely sell off when it hits to 800$. You know the rule, buy the top, sell the f*cking dip…  

[ChartBuddy]

Explanation

[hisslyness]

Elliot Wave Theory on BTC at Weekly Time Frame

Wrong, just plain wrong mate!. You are NOT applying the Elliot wave theory properly.

You are moving the chart to fit your narrative.

https://bitcointalk.org/index.php?topic=5379463.20

That threads discusses and explains the theory better, and actually puts us on the last leg up!

[ImThour]

Wrong, just plain wrong mate!. You are NOT applying the Elliot wave theory properly.

You are moving the chart to fit your narrative.

https://bitcointalk.org/index.php?topic=5379463.20

That threads discusses and explains the theory better, and actually puts us on the last leg up!

I understand your point, thanks for sharing the thread. I am learning Elliot Wave and tried to implement it on the chart.
Cheers!

[ImThour]

Halving 1:
8300% Up after First Halving - Took 335 Days
80% Down in 426 days

Halving 2:
2300% Up after Second Halving - Took 487 Days
75% Down in 396 days

Halving 3:
570% Up after Third Halving - Took 487 Days
Prediction: 70% Down in 426 days

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[hisslyness]

Wrong, just plain wrong mate!. You are NOT applying the Elliot wave theory properly.

You are moving the chart to fit your narrative.

https://bitcointalk.org/index.php?topic=5379463.20

That threads discusses and explains the theory better, and actually puts us on the last leg up!

I understand your point, thanks for sharing the thread. I am learning Elliot Wave and tried to implement it on the chart.
Cheers!

I have been following Elliot wave theory since OP first posted back in 2017/18

One thing I have learnt, it is about price trajectory/movement and NOT time.

[ImThour]

I have been following Elliot wave theory since OP first posted back in 2017/18

One thing I have learnt, it is about price trajectory/movement and NOT time.

So I am sure you are making alot of profit since that time? and you knew the crash from ATH to 34k before hand?

[ChartBuddy]

Explanation

[hisslyness]

I have been following Elliot wave theory since OP first posted back in 2017/18

One thing I have learnt, it is about price trajectory/movement and NOT time.

So I am sure you are making alot of profit since that time? and you knew the crash from ATH to 34k before hand?

No, no, I am not a trader. My Bitcoin accumulation was from mining back in 2013-2018… not interested in selling small amounts to buy back later, I am not a trader and therefore it will be the quickest way to loose it!

You need to have a different mindset to be a trader. You want big profits from Bitcoin, easy, buy now and hold for the next 10 years!

Remember, EWT, It doesn’t tell you exact pricing, just price movements, but doing what JJG says and setting buy ladders down really helps DCA…

The last two dips I was able to hit close to the bottom, but my buy ladder was a space of 2k, I was off by about $400.00

Again this is just for the sake of #BTFD and adding to my LN node without exposing my offline wallet…