So easy to tell when you are over sized in a position again lol. How long something stays above something means nothing lol...who is feeding you this garbage?
I TOLD YOU SO, WAXY!!! Bitcoin will never go below $100,000/btc your ABC chart is GARBAGE! stop posting charts, waxy, you are CLUELESS
Don't know what 2ndHandLamboMan is saying but I also think 100k is not safe just yet, till correction I previously posted about completes - if I am right. If.
Post again we can compare notes.... I just checked and we're on the same page. This is the ABC C leg. This could have potentially only been the 5 wave and continued up to 117k and beyond, but now it has retraced so deep without extending to 3 it's statistically unlikely we continue from here...the subwave has actually retraced past 1 so that invalidates it going by the guidelines. So the ABC correction you are looking at is now the more likely outcome. I would also expect a double correction over the next 6 months down to 70ks before this resumes....I mean I will expect it until it invalidates. If it manages to pass B then 5 wave is back in play...and I would re-label as below. If you look at the previous (1) wave (2-->3),it was extended so it would be symmetrical.