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Author Topic: Analysis  (Read 916648 times)
molecular
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November 12, 2014, 09:31:41 PM
 #2201

For Case #1 how far down would you expect the price to drop after a top at 480-500?

this is not an answer and from the wrong guy, but something in between 350 and 390 as a new higher low after 500 higher high would build a nice uptrend channel.

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November 12, 2014, 10:09:52 PM
 #2202

Sorry, master, I know it's your thread, and that's the place to worship you and no false gods besides you, but just once, I'm going to quote myself Cheesy


So in your view, this:





is not a likely continuation, in a similar way to how May played out:

[...]



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November 12, 2014, 11:26:33 PM
 #2203

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.
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November 12, 2014, 11:29:04 PM
 #2204

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.

Did you expect a major increase last year? Or the year before that? Or the year before..
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November 12, 2014, 11:45:33 PM
Last edit: November 12, 2014, 11:56:37 PM by hdbuck
 #2205

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.

Did you expect a major increase last year? Or the year before that? Or the year before..

yes i expected bitcoin to reach 1k the minute i heard of it, not even 2 years ago..
passing beyond this and keeping it further requires much more than some unscrupulous/helpless CTO/CEO of some major exchange named after some geeky card game..

OTOH the dollar card castle isnt about to collapse. far from it. dont underestimate them, they have the means to make you regret your bullishness.
500-520 top. then the abyss could follow izee-pizee just to remind you who your masters are. + I dont recall witnessing despair yet. i mean, real despair.

edit: imho this is just a correction.
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November 13, 2014, 12:04:46 AM
 #2206

Case #2. We had completed Historical 2 (from historical 1 $1200 high) in tripple zigzag wedge. And there should be some fucking impressive historical 3.


what does this mean?!??!!? is it bullish or bearish?

This scenario would be extremely bullish, and bullish for many years
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November 13, 2014, 12:19:16 AM
 #2207

Case #2. We had completed Historical 2 (from historical 1 $1200 high) in tripple zigzag wedge. And there should be some fucking impressive historical 3.


what does this mean?!??!!? is it bullish or bearish?

This scenario would be extremely bullish, and bullish for many years

So in other words another multiple year rise up like the past 3 years?
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November 13, 2014, 01:44:42 AM
 #2208

Probably 480-500.

Actually I confused now. Have many versions of further development. Need some time to understand what happening.
hold ur horses imo it wont be more  Grin

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November 13, 2014, 03:47:27 AM
 #2209

Sorry, master, I know it's your thread, and that's the place to worship you and no false gods besides you, but just once, I'm going to quote myself

Hahaha +1 internets to oda krell. Nice call.

Hodl for the longest tiem.

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November 13, 2014, 05:46:32 AM
Last edit: November 13, 2014, 06:03:54 AM by akujin
 #2210

They want a green 1W macd  Grin


This better not be a Chinese trap  Grin

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molecular
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November 13, 2014, 06:30:11 AM
 #2211

Sorry, master, I know it's your thread, and that's the place to worship you and no false gods besides you, but just once, I'm going to quote myself Cheesy


So in your view, this:





is not a likely continuation, in a similar way to how May played out:

[...]

great call!

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molecular
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November 13, 2014, 06:31:03 AM
 #2212

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.

With bitcoin I got used to expect the unexpected.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
masterluc
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November 13, 2014, 06:57:08 AM
 #2213

Case #2. We had completed Historical 2 (from historical 1 $1200 high) in tripple zigzag wedge. And there should be some fucking impressive historical 3.



Actually this case should pierce 480-500 like a cake - my mind doesn't beleieve in that  Grin But it looks more and more like reality.

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November 13, 2014, 02:19:56 PM
 #2214

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.

With bitcoin I got used to expect the unexpected.


sorry if i some how miss the nomenclature but what does "historical 3" mean?
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November 13, 2014, 02:30:11 PM
 #2215

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.

With bitcoin I got used to expect the unexpected.


sorry if i some how miss the nomenclature but what does "historical 3" mean?

bubble 3.
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November 13, 2014, 02:36:01 PM
 #2216

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.

With bitcoin I got used to expect the unexpected.


sorry if i some how miss the nomenclature but what does "historical 3" mean?

mean ,CUT your LOSSES while you can  Grin
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November 13, 2014, 02:38:54 PM
 #2217

How about this? This could be pretty bearish if we break 417 down again:


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November 13, 2014, 02:42:13 PM
 #2218

Oh my God, please make it be historical 3

i believe historical 3 must be fueled by some big bad macro news in order for it to be massively insane and reach 3-4000$.
whilst the dolla keeps on rising, i dont see it yet.
it could definitely go back to 500$ but i dont expect some major increase after that.

With bitcoin I got used to expect the unexpected.


sorry if i some how miss the nomenclature but what does "historical 3" mean?

bubble 3.
I only know Elliot Wave Theory by ear, but I know "historical 3" does not mean that. It means that "1" was the whole life of Bitcoin until $1160, "2" was the bear market we would have just finished, and there would be two more growth spurts, "3" and "5", each of which would reach ever higher prices, with a bear market in between, "4".
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November 13, 2014, 02:45:36 PM
 #2219

If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.
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November 13, 2014, 03:05:10 PM
 #2220

If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.

The "historical count" in EW is the highest level count that encompasses all of the history.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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