Sentiment timeline shows relative sentiment within this analyst's history. A perma-bull showing 8 bullish : 2 bearish in a bear market sets that as their baseline. If you notice any errors, claim @decodejar to submit corrections.
My view back in January was that the business cycle was going to heat up and cut Bitcoin's correction short. It was the right idea, my indicators flipped positive within two weeks of this reply, and that 60k low in February was never really broken. Overall I ended up being right, but it took longer than I expected to play out and see Bitcoin reverse.
View original →Makes total sense that Bitcoin would hit its wave 1 high just as the remaining crypto influencers turned bullish. https://t.co/Y3nTMaFMTx
View original →According to Crypto Twitter, Bitcoin only just flipped bullish. What.
View original →I wouldn't say I was 100% confident on any particular level that Bitcoin could reach over the next 6-12 months, though new ATHs seem likely, but I am confident that Altcoins are going to have a big moment in the markets. I think the deepest liquidity will still be searching for the more mature networks, but there should be opportunity at all levels.
View original →Bitcoin is holding up pretty well and may still run higher, so I don't want to jinx it, but what if the wave 1 peak was at 87.4k? 90k target is based on 0.618 extension of waves 1+3, projected from 4. BTC came close, but it's not the only way to measure it. Inverse 1.618 the depth of wave 4 targets 87k, and wave 5 equals wave 1 method targets 82k. Two out of three targets hit means wave 1 top is likely in or close to it, unless sub-wave 5 becomes extended. If the wave 1 high is in, wave 2 is a miserable affair. Sentiment will typically be worse than at the macro bottom. People will be convinced the bear market is back to stay. This is characteristic of a wave 2 corrections in general, exacerbated by sidelined investors piling in late at the top of the breakout. The 21 week ema current sits at 74k, the 200 day sma at 71k, both are rising. Usually at least one of these will be tested at some point before price continues significantly higher.
View original →Short term Bitcoin Elliott Wave view. https://t.co/0jmkA8ahL6 https://t.co/mcbFEcg3g5
View original →Make a nice change and may continue yet, but be aware of the correction that inevitably follows the completion of Bitcoin's first wave. https://t.co/UyTD98iARo
View original →Short term Bitcoin Elliott Wave view. https://t.co/s37O66cCt4 https://t.co/z9i07qXTdb
View original →Wave 4 correction completed close to the target and Bitcoin is now ripping higher in its 5th wave, of 1. https://t.co/z9i07qXTdb
View original →I think there is still a bit more drop left in Bitcoin yet, before this correction is done. Will update tomorrow. https://t.co/z9i07qXTdb
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