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Author Topic: New target is 960-980  (Read 934 times)
wobber (OP)
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January 27, 2014, 09:03:01 PM
 #1

Like most experienced cryptocurrency technical analysts, I have used Elliot Wave (EW) theory to pull out of my ass the new target of $960-980 (Bitstamp) by February 1st.

Shall this target not be reached, I have a contingency second target of $10-800.

This being said, my personal view is that bitcoin is headed to much lower lows.

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proudhon
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January 27, 2014, 09:04:04 PM
 #2

Like most experienced cryptocurrency technical analysts, I have used Elliot Wave (EW) theory to pull out of my ass the new target of $960-980 (Bitstamp) by February 1st.

Shall this target not be reached, I have a contingency second target of $10-800.

This being said, my personal view is that bitcoin is headed to much lower lows.

The first part of your analysis appears to be flawed by an incorrect K value.  The last part appears spot on, however, so I will confirm that part.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
ElectricMucus
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January 27, 2014, 09:04:31 PM
 #3

Did you at least buy a new apartment yet?
wobber (OP)
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January 27, 2014, 09:05:55 PM
 #4

Did you at least buy a new apartment yet?

Why an apartment?

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ElectricMucus
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January 27, 2014, 09:07:23 PM
 #5

Did you at least buy a new apartment yet?

Why an apartment?

IDK that's what I would get.
wobber (OP)
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January 27, 2014, 09:09:57 PM
 #6

Did you at least buy a new apartment yet?

Why an apartment?

IDK that's what I would get.

I'll hold until I need ALL the money. Even if everything it's $100 USD or 1M.

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Dalmar
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January 27, 2014, 09:12:09 PM
 #7

Too much moon juice is bad for your health.


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ElectricMucus
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January 27, 2014, 09:13:10 PM
 #8

ok your loss (or gain, whatever)

What's the point of this thread btw?
wobber (OP)
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January 27, 2014, 09:14:31 PM
 #9

Just a satire to most of TAs out there...

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ElectricMucus
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January 27, 2014, 09:26:19 PM
 #10

If anything TA threads are the only thing in this board where a normal discussion is even remotely possible. I try not to make fun of it.
BrightAnarchist
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January 27, 2014, 09:27:35 PM
 #11

Like most experienced cryptocurrency technical analysts, I have used Elliot Wave (EW) theory to pull out of my ass the new target of $960-980 (Bitstamp) by February 1st.

Shall this target not be reached, I have a contingency second target of $10-800.

This being said, my personal view is that bitcoin is headed to much lower lows.

Personally, I think we're heading for double-digits. But it could take a couple years to get there.
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