I have a "Cocktail" of methods: Elliott Waves, Hurst Cycles and "Event Analysis".
When these jive, then I abandone all prior analysis, convictions, gut feelings & follow the jives. This is how I to profits early 2022 and got back into #BTC at $17.44k.
โฆ https://t.co/DL4ddEX3Jy
https://t.co/wqExQXi2X9 You Go #Bitcoin!
I believe Hurst is saying that May 12th was a strong reset on the nominal 80 day averaging 67 days.
But, but..what about the H&S Top?
What about it? IF cycle has reset, then the bullishness is overpowering the โฆ
https://t.co/tIOKqLuqFM #MARA is a bitcoining mining publicly traded company. It is doing a healthy correction.
A delicious #BTFD is to be had in a couple weeks.
@teleporthjfr @AlemzadehC Possible and probable are VERY different.
I believe #BTC has finished five waves of Elliott Wave impulse and the requisite correction is at hand. This correction can not be escaped per the laws of Fibonacci.
This is probable:
@AlemzadehC Perhaps not until #BTC takes a breather? An 18 month Hurst Cycle peak occurred on April 14th; and there are downside consequences to first digest.
Plust this H&S Top pattern jives with more downside levels before higher highs are hit.
https://t.co/aJrf6VJdMQ Many say #BTC Head & Shoulders pattern no longer work because everyone can spot itโฆwell, I donโt see any tweets about this one.
Letโs see what happensโฆMe & my Members would love a delicious #BTFD event!
https://t.co/QZZU1FYhLz Not โifโ but when five waves are complete, the requisite correction is inescapable. Has #BTC finished the first round of five waves?
https://t.co/stBXFM78SZ In a Bull Market, I actually enjoy #BTC & #ETH corrections! Why? They offer phenomenal #BTFD events & reaffirm that no bull market is possible without healthy corrections.
So, Enjoy this CORRECTION!
When to BTFD? Members get thโฆ