Money Makes Money
- #3,782
- May 17, 2014 2:50am May 17, 2014 2:50am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,783
- May 17, 2014 2:56am May 17, 2014 2:56am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,784
- Edited 8:24am May 17, 2014 7:11am | Edited 8:24am
from danv............ infant cycle completed at higher low 
interesting... did not know that
there are only 12.78 million btc total so far. what happens if several hedge funds want in on the cypto game? 1/4 million bitcoins here, another 1/4 mil at another fund... before you know it there are no coins of size available except at much higher prices ...im sure alarms are going off; nobody want to miss the next 10 bagger!
{quote} textbook expanded flat! - some wave counters say these are more common in the market than regular flats (where B is lower than the starting point of A)
there are only 12.78 million btc total so far. what happens if several hedge funds want in on the cypto game? 1/4 million bitcoins here, another 1/4 mil at another fund... before you know it there are no coins of size available except at much higher prices ...im sure alarms are going off; nobody want to miss the next 10 bagger!
- #3,785
- Edited 11:14am May 17, 2014 9:16am | Edited 11:14am
- Joined Jul 2011 | Status: good | 4,295 Posts
hi people... busy coding today... one eye on the price chart... yawn! 
KO, looking at your longterm target projections i began wondering - have there ever been instances at market top or bottom where price does not complete the final magnetic line targets? For example, we're expecting BTC to hit 360 and perhaps give 270 a miss... but is this likely?
emptymind, no comment about the slow creeping advance through infancy... toddler... teens
But the question of large institutions buying up every Bitcoin they can get... i also wonder about that... and then i wonder why they haven't already? Either they're waiting for a bottom to be struck OR they're sqeezing price lower to get those coins chaeaper and cheaper? I'm not sure, just guessing. What do you reckon?
KO, looking at your longterm target projections i began wondering - have there ever been instances at market top or bottom where price does not complete the final magnetic line targets? For example, we're expecting BTC to hit 360 and perhaps give 270 a miss... but is this likely?
emptymind, no comment about the slow creeping advance through infancy... toddler... teens
But the question of large institutions buying up every Bitcoin they can get... i also wonder about that... and then i wonder why they haven't already? Either they're waiting for a bottom to be struck OR they're sqeezing price lower to get those coins chaeaper and cheaper? I'm not sure, just guessing. What do you reckon?
cryptocurrency everytime
- #3,788
- May 17, 2014 5:21pm May 17, 2014 5:21pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
[quote=venzen;7475425 KO, looking at your longterm target projections i began wondering - have there ever been instances at market top or bottom where price does not complete the final magnetic line targets? For example, we're expecting BTC to hit 360 and perhaps give 270 a miss... but is this likely?[/quote]
Yes the last target is never guaranteed. I have 3 targets for this last wave down. The first at 360 I am very confident of. However if the 2nd at 290 is not achieved then we have a truncated wave 5. Look closely. If you move the wave 3 numbers to the spike or the low after, you would have a truncated wave 3.
LTC is showing signs of heading South.
KO, looking at your longterm target projections i began wondering - have there ever been instances at market top or bottom where price does not complete the final magnetic line targets? For example, we're expecting BTC to hit 360 and perhaps give 270 a miss... but is this likely?[/quote]Yes the last target is never guaranteed. I have 3 targets for this last wave down. The first at 360 I am very confident of. However if the 2nd at 290 is not achieved then we have a truncated wave 5. Look closely. If you move the wave 3 numbers to the spike or the low after, you would have a truncated wave 3.
LTC is showing signs of heading South.
Money Makes Money
- #3,789
- May 17, 2014 5:26pm May 17, 2014 5:26pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,790
- May 18, 2014 5:24am May 18, 2014 5:24am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
i found an updated analysis by DanV.... http://t.co/QdJfzdon0j bears should enjoy this
Money Makes Money
- #3,792
- Edited 3:33pm May 18, 2014 10:53am | Edited 3:33pm
{quote} Yeah This one I can relate to.......
i would do it like this...
b wave makes more sense now because it is relates better to wave a in time and is more balanced with what comes after that.... you can't have a tiny upward correction and call it a b wave of the same degree...
please take a look at the small "b" wave i labeled. does that wave look like an impulse wave of any kind?! NO! that is the clue that it belongs to the the bigger degree b wave labeled above...
that way of labeling also make it in harmony with btc china. btc china shows clearly what bitstamp tries to confuse
- #3,793
- May 19, 2014 4:16am May 19, 2014 4:16am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,794
- May 19, 2014 4:39am May 19, 2014 4:39am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,795
- May 19, 2014 6:25am May 19, 2014 6:25am
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- #3,796
- May 19, 2014 6:26am May 19, 2014 6:26am
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- #3,797
- May 19, 2014 6:31am May 19, 2014 6:31am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,798
- May 19, 2014 9:06am May 19, 2014 9:06am
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
