Topic: Analysis - page 306. (Read 941563 times)
I know my count misses final sharp move up. But failed hourly sma200 was always unbeatable during bubbles and provided support for bubble EW count. And now it failed and don't want to backup. I assume here count is finished.
A pure bear market of 1 year would be terrible, you guys should think twice before saying that.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.
You keep using that word. I do not think it means what you think it means
hah - great spot
amazing how pissed people are 
I hope I didn't come around as pissed or ridiculing masterluc or bears in general. I am not pissed, I just have a different opinion. I wouldn't mind a bear market for a year or so,... shakes out the idiots that are in the boat "for the wrong reasons" very effectively.
I agree! And while it's hard to say for sure, where the top is, the end of the cycle is nearing.
For those who don't understand what is being talked about in this thread today:
5 waves up and 3 waves down. Here's a fractal of the 2010/11 rise
Now here is the whole history since Bitcoin' inception.
5 up, 3 down...
5 up, 3 down...
5 up, 3 down...
Back and to the left... Oh wait
This coming Bear market CAN stop anywhere between the top and the lowest price ever traded. No, I'm not saying that it'll go that low, but a wave 2 (which happens to be the Bear market after the top we are waiting on) can retrace up to 100% of the preceding wave-1 (which is the entire Bitcoin history)
Now, lets see those horns!
A pure bear market of 1 year would be terrible, you guys should think twice before saying that.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.
You keep using that word. I do not think it means what you think it means
Disregard lucif at your peril. 
I'm glad he still shares with us.
I'm glad he still shares with us.
I'm glad too.
A pure bear market of 1 year would be terrible, you guys should think twice before saying that.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.
I'm glad as well, some great calls there, including the memorable 'I'm afraid we are going to the moon' at 145 breakout
Disregard lucif at your peril.
I'm glad he still shares with us.
I'm glad he still shares with us.
amazing how pissed people are
I noticed too. Anyway, ML originally suggested, that we might see top between 2-4k before Christmas. What I do know, that I am not going all in before New Years Eve. This entire situation seems awfully familiar.
Let's crucify lucif!!
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I find he is falling back into his old pattern of wanting the market to do what he thinks it is going to do rather than using his considerable skills to read it.
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Can see why some people didn't like you now.
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Being bullish and bearish is OK but this such an obvious bullshit claim it's laughable.
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utter bullshit.
amazing how pissed people are
I hope I didn't come around as pissed or ridiculing masterluc or bears in general. I am not pissed, I just have a different opinion. I wouldn't mind a bear market for a year or so,... shakes out the idiots that are in the boat "for the wrong reasons" very effectively.
I would love to have bear market for a year. Would give me a chance to keep increasing my stash.
I consider BTC as a game. If it goes to 0, ah well. But it is more likely to succeed in which case I may be able to retire on a beach with parties, booze and girls
Regarding 'pissed', I think he was referencing Seleme. He always comes across in an abrasive way. I banned him from Worldcoinforums long back.
amazing how pissed people are
I hope I didn't come around as pissed or ridiculing masterluc or bears in general. I am not pissed, I just have a different opinion. I wouldn't mind a bear market for a year or so,... shakes out the idiots that are in the boat "for the wrong reasons" very effectively.
amazing how pissed people are
This is very worrying.
Also:
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At the end of a major bull market, bears may very well be ridiculed.
amazing how pissed people are
Another sign that masterluc might be spot on.
amazing how pissed people are
Exactly, utter bullshit. Predicting corrections, crashes etc.. is all OK if you have arguments for it but to claim such a huge thing on the top of Bitcoin's awareness is pathetic, lol.
It seems you have no idea of EWT. EWT does not analyse corrections and crashes only. It is an analysis of short and long waves and thus used as a basic for predictions, based on personal interpretations of the waves and the probabilities, which depends on how a waver is counting the waves.
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=1&s=2010-10-08&e=2011-07-07&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=1&p=0
We are in a place analogue to the end of February now
We are in a place analogue to the end of February now
it might be better to use screenshots for a purpose like this
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.You just pissed some people off in this thread.
I actually agree with you regarding this particular rally.
However, there is absolutely no way anyone can say a bull market of 3 years is over. What does that even mean? Are you suggesting that when the price went from 32 to 2 that was a bull market? Because if you are, then where possibly could a bear market take us? To <$1.
I mean the premise is obsurd. I think you are thinking too literally, staring at your charts, and are throwing basic common sense to the wind.
We are in a place analogue to the end of February now
image didnt load, but yes it somehow feels that way
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=1&s=2010-10-08&e=2011-07-07&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=1&p=0
We are in a place analogue to the end of February now
We are in a place analogue to the end of February now
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