just-joe

Bitcoin Alternate count Option 1

BITSTAMP:BTCUSD   Bitcoin
Extended 5th wave is an alternate count for me.

Ha! Reminds me of trading the stock market in March 2009.....what's the rule of thumb? When everyone is bearish, that's when you become a bull.
So, I'm either extremely brave or a complete lunatic!!! Either way, I promised myself I will never let the market create that kind of fear and anxiety in me ever again! It really, really, really CLOUDS your judgement! (UMM, besides that's not wisdom!)

The count, although very premature, is an option that I'm holding onto for now. It's a really strong bull move, but at the end of it, it's ultra bearish, which is really necessary if Wave (4) is gonna hit that lower trend line....Also, I've seen this pattern over and again in cryptos. I fully realize it's NOT likely, but it is worth keeping on the table as an option. Lastly, this wave started with a leading diagonal and finishing with an ending diagonal(???)....nifty!
Penafian

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