Now that the Elliott impulse wave is complete as predicted in the previous chart. Now it is time for an A B C correction. I think price reversal will happen from $7000 level sometime in early to mid January.
I think you arre correct in your prediction. Only the C-point will be litlle bit later, I think.
Congratulations for the previous prediction! That really hit :D
No it’s not time for a correction it’s time for Bitfinex yo create the appropriate amount of Tethers USDT and buy BTC on their own exchange, leverage 3:1 and bust all the shorts. They’ve done it all year and have made Billions all under the gise that USDT is somehow the $.
Ask yourself, why would anyone buy Tethers USDT when it’s not even redeemable for dollars? They’re not, but Bitninex is just “printing” them to take your BTC.
ArjunRoy
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@bmgbmg, They cannot take my btc if I don't sell them. But tether is a worry.
@nagarjunroy, well done on that prediction. but the market has changed in my humble opinion. its not a looney niche anymore. solid step into the mainsteam with NASDAQ and CME news. unpredictable rocket.
ArjunRoy
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@Rocket88, Totally agree. This is just Technical analysis like vital signs of a patient. What will actually happen no one can tell.
Congratulations for the previous prediction! That really hit :D