BITCOIN ride or fall!?

[Zack King]

any thoughts on bitcoin movement for the rest of the year???? I want to trade a larger lot size than normal but want to make it a long term trade

 

[Sixer]

Check the outlook of the Sentient Trader software (hurst cycles) for bitcoin.

Sixer

 

[Sixer]

Elliott Guru Tiedje with his Bitcoin outlook/count using daily data.

Sixer

 

[devoemark]

if the stock market will go up the BTC will also go up, and the opposite is true too

 

[Sixer]

devoemark,

this strategy is too easy !! I doubt that is correct.

Sixer

 

[Sixer]

Bitcoin finished the wave "3" since the Low 2019 and started a correction pattern.

Sixer

 

[imi2]

if the stock market will go up the BTC will also go up, and the opposite is true too

Sorry i haven't found any such correlation so far, the bitcoin is still unpredictable in my opinion.

 

[imi2]

Seems like bitcoin is again taking momentum and lets see where this wave took its value this time.

 

[Sixer]

Be carefully !!

The Crypto Market Cap analysis indicates a medium term High.

Sixer

 

[Sixer]

The next Bitcoin upmove with more than 1000 $ during last night.

Sixer

 

[imi2]

Bitcoin spiked 13800 - 13900 and then again reverse.. the value also shrink when Fed raises objections on Facebook issuing their own crypto currency.

 

[Sixer]

Bitcoin ($) in correction mode since the high at 13800 $ - wave "iv" could be a Flat or Contracting Triangle pattern.

Sixer

 

[Aaronpp]

The Bitcoin is in a cycle of constant ups and downs and these days has been a high tide. At the beginning of July 2019 it collapsed. The price of the largest cryptocurrency fell to 14% from last Friday and stood at US $ 10,590 and for Tuesday reached US $ 9,500, in this chart we see that it did not exceed the value of US $ 13,800 from previous days,

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we must invest Be careful at this time if you are going to do it, remember with wisdom.

 

[Sixer]

Bitcoin finished the correction in wave "iv" at the 17 th at 9090 $.
Actual course is 10540 $.

Sixer

 

[Sixer]

The actual Elliott count confirms my outlook for Bitcoin in post #14.

Sixer