Is this the fourth wave, should we expect fifth prior to uprise

[casperBGD]

this seems to be fourth wave, as per eliot wave theory, should we expect fifth wave down, prior to uprise from these levels?
i could see it as third as level, since third is tiny confirmed with breakout, but until new year, according to period of waves, we should be on green waves to high levels...

[glaccief]

Yes, That is everyone's expectations. Hope it will not make us disappointed. It is believed that, Before ending this year, the prices will rise. Especially the prices of etherium following bitcoin, bitcoin cash etc and this is the best time to invest on some coins before it becomes pricy.

[butterflies04]

The Eliott wave has a great record of predicting the market cycles.  I assume it will do its job again and we will have one more downturn followed by an upswing.  The upswing is going to be enormous when it happens.  I'm slowly loading up right now. 

[easybtcearn07]

It seems the like the fourth wave to me also. And as far as i understand the fifth wave will come soon. And maybe it will be the biggest wave we will see this year.

[painkiller321]

Yeah these waves are creating the fluctuations. I think we should wait for the next wave. Maybe the awaited times will come with the fifth wave. I hope to see a good market status in the end of this year.

[jamesbondbd007]

I was very happy after seeing the fourth wave. It looks like the bull run will come with the fifth wave. I hope the consequences will be great after these waves. I think next year will provide better opportunities to us.

[mastadonballs]

I think we should wait . Nobody can predict anything about crypto market if it'll rise or stable or keep falling at the moment. I don't know what the whales are going to do, maybe they're preparing a new trap to collect more good cryptocurrency with low price more. ). Really really difficult to know.

[Getcoinsite]

this seems to be fourth wave, as per eliot wave theory, should we expect fifth wave down, prior to uprise from these levels?
i could see it as third as level, since third is tiny confirmed with breakout, but until new year, according to period of waves, we should be on green waves to high levels...

For me mate i will not expect anything big this year because all speculations are just given without good proofs ,if i were you i will just go with the flow since market is pumping and dumping this whole two quarters and if you are a experienced trader you will noticed that this movements can bring profits.

I don't really know whats on this peoples mind for expecting big growth when the volatility of cryptocurrencies are the main factor why were still in this status and not making good sign for recovery from December 2017

[JCLee]

Don't expect too much if you guys don't wanna be disappointed . This market is really hard to predict, maybe Bitcoin can rise to $7k today but right the next day it'll dump to $6k without any signal. The only thing I know that we should do at the moment is holding.

[BlazingBlack_Dragon]

I think we should wait . Nobody can predict anything about crypto market if it'll rise or stable or keep falling at the moment. I don't know what the whales are going to do, maybe they're preparing a new trap to collect more good cryptocurrency with low price more. ). Really really difficult to know.

True! The market has a way of screwing everyone.
Even good traders that I know sometimes gets pushed into sucker class.

[uppon]

Don't be afraid, you have to trust the currency of your investment.
I believe that as long as you do your homework before investing, there is no need to worry, even if the market falls again, I believe they will rise again and will definitely get better and better.

[Coushon]

Yes, I was also thinking the same. The current price movements are mostly sideways and getting blocked by the support level of 7,000$-7,500$ mostly, which indicates that there is still room for correction remaining. If everything goes according to the theory then we might see a reduction in volume of Bitcoin in the market which will cause the bullish trend to start.

[Roaring Goblins]

Going by the financial theories can prove to be hazardous for investors sometimes because crypto market is not like ordinary share market. It is much more unpredictable and volatile. However, since you have made such predictions I hope it becomes true because the 5th wave is just the start of the bullish run which we all want to happen.

[Crt01]

Honestly, I believe that wave theory doesn't implie to such volatile market but if you study the recent trend of the market, after some corrective measures the prices are meandering sideways for a exteded period of time. This trend clearly indicates that the 4th wave is currently going on and we might see a bullish 5th wave very soon.

[cryptocoinshunter007]

We can consider it as forth wave if we determine the market place is bit low nowadays. So uprising may happen. For some people it can be higher also they can expect down of price in the market

[jamesbondbd007]

I like the way you have compared the situation of the market with this theory. Personally I feel the situation is in the fourth level. That’s why I expect rise of the price in the market.

[Praesidium]

this seems to be fourth wave, as per eliot wave theory, should we expect fifth wave down, prior to uprise from these levels?
i could see it as third as level, since third is tiny confirmed with breakout, but until new year, according to period of waves, we should be on green waves to high levels...

Hoping that the next wave will be the wave of recovery for cryptocurrency because as time goes by many people are leaving crypto becuase they lost money hoping that this time it will be a good news and bring recovery and new peak for cryptocurrency.

[painkiller321]

I agree with you. I also think we are in third level having a rigid and steady market price. So there can be a fall of the price though I would like to believe it as just a speculation not more than that.

[5ensei]

Which ever wave it is I hope it is the last. With ethereum dropping down to $250 and going further still this is really worrying. This wave needs to stop and return the market to confidence otherwise investors will be put of forever, even the ETF won't be able to save it

[Muhammad Muneeb]

this seems to be fourth wave, as per eliot wave theory, should we expect fifth wave down, prior to uprise from these levels?
i could see it as third as level, since third is tiny confirmed with breakout, but until new year, according to period of waves, we should be on green waves to high levels...

btc dominance has increased to 54.5% (at the time of writing) and according to past trend bull shlould start once btc finds the bottom and this time i think it will find its bottom there should not be any fifth wave