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Bitcoin: Does it have a future ?
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mnandii
#651 Posted : Sunday, February 04, 2018 4:56:37 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


Bitcoin. Correction in wave (4) most likely over at 7582.00 level. A move above 11900.00 will b confirmation of this scenario. Wave (4) took the form of a zigzag i.e 5 wave 'A', triangle wave 'B' and a five wave 'C'.

If this is the case then expect bitcoin to travel back above 19,000 again. An alternative wave count is that the wave labelled (4) is actually a leading diagonal, which case should lead to further drop in bitcoin from the current levels (8665.00).

Best of luck.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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karasinga
#652 Posted : Sunday, February 04, 2018 6:56:15 PM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
karasinga wrote:
If this is the end of corrective wave ABC as told here then we are not done going south.ORDER FLOW FAVORS THE BEARS...can 5k print? time will tell
best wishes.

hours later

currently in a demand zone where buyers are seated... eyes wide open
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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Spikes
#653 Posted : Sunday, February 04, 2018 8:43:41 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
It will be sad if this thing bottoms out and @ Obiero is not inside.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#654 Posted : Sunday, February 04, 2018 8:54:59 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,248
Location: nairobi
Spikes wrote:
It will be sad if this thing bottoms out and @ Obiero is not inside.

What would be sadder is if any wazuan of note ends up getting caught up in this crap after witnessing the reckless drop in the past few days.. http://fortune.com/2018/...ing-bitcoin-credit-card/
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Spikes
#655 Posted : Monday, February 05, 2018 10:38:41 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
Only the tough ones will survive this onslaught!
http://www.bbc.com/news/business-42940728
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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obiero
#656 Posted : Monday, February 05, 2018 12:19:34 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,248
Location: nairobi
Spikes wrote:
obiero wrote:
karasinga wrote:
karasinga wrote:
karasinga wrote:
IMHO, high confluence zone(previously forecasted in another forum)

alternatively

unless 9477 is breached, bears reigns...eyes wide open

in the "must watch zone". Looking at what is happening on H1,I might risk If 8864 is breached, until then on the sidelines

9454 seem to have completed ABC correction... For that reason I am out. Let's see if bears will take over.

In good time as well.. We wait for SEC commentary on 06.02.2018. Meanwhile I say it here again for the umpteenth time, trade in Bitcoin at own peril


Cautionary statement from bitcoin amateur Laughing out loudly Laughing out loudly Laughing out loudly

I'm in good company, with Warren Buffet, Theresa May, Christine Laggarde https://www.coindesk.com...market-recovery-falters/
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obiero
#657 Posted : Monday, February 05, 2018 12:21:30 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,248
Location: nairobi
Spikes wrote:
Mukiri wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
obiero wrote:
karasinga wrote:
IMHO, high confluence zone(previously forecasted in another forum)


unless 9477 is breached, bears reigns...eyes wide open

9477 was broken days ago @karasinga

Allow me to explain. Yes 9477 was broken yesterday and the guys who sold their coins there were able to push market down pretty well hence breaking 8811 which was daily demand zone. (check 1st chart above) Technically meaning during the current pullback, 9477 need not be violated otherwise, bulls will register their presence. Let me know if you need a chart. I hope this makes sense. Remember this is just my opinion and anything can happen

Makes sense but the SEC meeting slated for Tuesday next week may just be the straw that breaks the camel's back. I wish you all the best on your investment journey knowing that there is no one path to financial success but a variety of ways

Thanks bro. All the best

There's talk of 7.5K price manipulation. It will be one thing after another. If you notice, everytime the market is about to get a resistance, something happens. All from big players. I'm of the opinion that we are yet to experience the worst. Maybe @Obiero is playing his part in the grand scheme of things?Pray

I'd however recommend, to anyone disparaged, to zoom-out. Last year a time like now, BTC was around 900. Now people are getting their knickers twisted by 9,000. What happens once the market breaks free from this melee?

Moving forward however, I'm of the opinion that we are done with crazy price swings. This game might have just morphed into the more sober stock market. Any xCrazy-figure, would now only be derived from a good ICO. The ICO arena has also changed. We are seeing more of private sales in-contrast to the once favored crowdsales


Thanks for the info....ION @ Obiero is just mumbling and rambling !

Mumble mumble, boom boom!!
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obiero
#658 Posted : Monday, February 05, 2018 3:13:17 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,248
Location: nairobi
China has a few minutes ago deployed it's largest attack against Bitcoin ponzi http://fortune.com/2018/...-ico-block-ban-firewall/
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murchr
#659 Posted : Monday, February 05, 2018 3:18:09 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
https://techcrunch.com/2..._twitter_impression=true
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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obiero
#660 Posted : Monday, February 05, 2018 3:21:32 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,248
Location: nairobi
murchr wrote:
https://techcrunch.com/2018/01/30/fools-and-their-crypto/amp/?__twitter_impression=true

PENIS
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