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Bitcoin: Does it have a future ?
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mnandii
#1201 Posted : Wednesday, May 27, 2020 8:36:14 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
There is an alternate wave count in Bitcoin suggesting a correction back down to about $6,400 before it starts it's major leg upward. If so then this will be an even better opportunity to accumulate more. I will post chart later.
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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mnandii
#1202 Posted : Thursday, May 28, 2020 6:30:34 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
There is an alternate wave count in Bitcoin suggesting a correction back down to about $6,400 before it starts it's major leg upward. If so then this will be an even better opportunity to accumulate more. I will post chart later.




This is the alternate view for Bitcoin which is my preferred count now. I expect Bitcoin to slide towards $7590s in wave A then stage a rise in wave B before finally making another plunge in wave C of (2).
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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rwitre
#1203 Posted : Friday, May 29, 2020 10:28:46 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
Samsung Doubles Down On Bitcoin And Crypto—Gemini Exchange Integration Revealed

Source: Forbes

Quote:

Samsung, the South Korean smartphone giant that has been experimenting with bitcoin for some time, is doubling down on cryptocurrency.

Samsung's Blockchain Wallet will add support for users of U.S. bitcoin and crypto exchange Gemini in North America, it has been revealed.
.
.
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Samsung has become an early leader in smartphone bitcoin and cryptocurrency support after introducing the Blockchain Keystore last year—a move that could boost ailing bitcoin and crypto adoption.
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rwitre
#1204 Posted : Tuesday, June 02, 2020 12:00:54 PM
Rank: Member

Joined: 3/8/2018
Posts: 507
Location: Nairobi
mnandii wrote:
mnandii wrote:
There is an alternate wave count in Bitcoin suggesting a correction back down to about $6,400 before it starts it's major leg upward. If so then this will be an even better opportunity to accumulate more. I will post chart later.




This is the alternate view for Bitcoin which is my preferred count now. I expect Bitcoin to slide towards $7590s in wave A then stage a rise in wave B before finally making another plunge in wave C of (2).
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mnandii
#1205 Posted : Friday, June 12, 2020 7:10:38 PM
Rank: Elder

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


BITCOIN is at a crossroads.

If it crosses back up above $10,000 then it will have much further UP to go with initial target being $13,000.

If, however, it falls below $8600 then it will likely fall lower still.

My preferred count is bullish whereby we are about to start a long strong extended wave 3.

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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mnandii
#1206 Posted : Thursday, July 02, 2020 10:59:00 AM
Rank: Elder

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


Maintaining a bearish stance on Bitcoin once triangle completes at about $9519s. A move below $8850 will be confirmation of this stance.
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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mnandii
#1207 Posted : Monday, July 06, 2020 4:20:27 PM
Rank: Elder

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


BITCOIN. Triangle wave [d] of B completed at $8898. Now the final wave [e] recovery with a target of $9461 but below $9784. THEN a violent downswing to be expected to complete wave C of (2).
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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mamilli
#1208 Posted : Monday, July 06, 2020 8:52:32 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
mnandii wrote:


BITCOIN. Triangle wave [d] of B completed at $8898. Now the final wave [e] recovery with a target of $9461 but below $9784. THEN a violent downswing to be expected to complete wave C of (2).


DJIA/S&P is the bellwether here,the manifest correlation recently is undeniable.
Never lose your position in a bull market,BTFD.
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mnandii
#1209 Posted : Tuesday, July 07, 2020 8:36:37 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mamilli wrote:
mnandii wrote:


BITCOIN. Triangle wave [d] of B completed at $8898. Now the final wave [e] recovery with a target of $9461 but below $9784. THEN a violent downswing to be expected to complete wave C of (2).


DJIA/S&P is the bellwether here,the manifest correlation recently is undeniable.

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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mnandii
#1210 Posted : Thursday, July 09, 2020 10:57:12 AM
Rank: Elder

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


BITCOIN. Triangle wave [d] of B completed at $8898. Now the final wave [e] recovery with a target of $9461 but below $9784. THEN a violent downswing to be expected to complete wave C of (2).

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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