After the 5th Elliott Wave we are aiming to form a Double Top, which is very bearish.
Furthermore we will see the next downtrend Impulse-Wave for Bitcoin. The whole market will suffer again.
Switching a lot of your portfolio into Bitcoin Cash should be the best plan for now.
Rebuy Verge after the dip !!! ;-)
Furthermore we will see the next downtrend Impulse-Wave for Bitcoin. The whole market will suffer again.
Switching a lot of your portfolio into Bitcoin Cash should be the best plan for now.
Rebuy Verge after the dip !!! ;-)
But apperently is was right and wrong!
Only my timing was not perfekt.
If you had listen to me, you would have had a nice peak of Bitcoin Cash:
Due to Fomo we broke over the rising wedge of verge. If the Bitcion dip would have started 1-2hours earlier, we would have broke the rising wedge downwards and had a big bearish sign.
Overall i had to admit, that my analyzis was risky, but not wrong.