BITCOIN ELLIOTT WAVE ANALYSIS
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- čas přidán 1. 06. 2024
- Time for a some what overdue update on Bitcoin.
I have not been idle during my absense but have been providng content for my patreon subscribers.
TIME STAMPS:
Intro 0:00
Content on Patreon 0:57
4 year cyle and seasons 3:15
Halvings and Price 5:25
Long term count 10:35
Classical analysis 16:40
Primary Count 21:56
Alternate Bullish count 30:30
Bearish Alternate count 32:13
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Video starts at 23:00
Trying to not take this personally, ha!
Thanks Tom. Always appreciated
Was hoping you'd pop up again. Thanks for your view!
Thanks for the update!
You're welcome.
Appreciate the update!
you're welcome.
Great update as always.
Thanks. You're welcome.
Nice! Thanks on showing the topping out in the past.
No worries.
Yup. Patreon active as always. Thanks Tom!
Awesome, thank you!
There you are >)
Here I am.
much apperciated!
You're welcome.
Quite alarming how excellent of a counter you are ;) good stuff as always
I try, but I'm ok at best.
I love your analysis, always on the point. And yes, Revux is a game changer. Great project!
Excellent analysis !
Thanks.
thank you, really appreciate your EW TA
My pleasure!
Thanks for sharing your analysis for free on YT Tom. I am the guy who stressed you to share your EW macrocount on BLX chart :) My primary EW count is the same (published few days ago on X). If I may give you a suggestion, I think you should integrate your valuable EW skills (to me the best available online) with Cycles Analysis. The dubts on different EW scenarios will deacrease considerably. From cycles perspective, BTC has to close a bi-yearly cycle started from the 15k bottom. In order to close it a quarterly bearish cycle (ongoing) is needed and BTC has to drom 56.5k once more to to have the necessary and sufficient condition.
I just don't understand what makes you think that the last cycle's top was already a wave 1 rather than being the culmination of wave 5 of the previous cycle 🤔
he has explained it in multiple vids, I'm sure it would be easy to find a video where he does
Gratefull 🔥🔮
You're welcome.
ty sir as always
Very welcome
Thank you Tom this really helps.. appreciate you sir!
You're welcome.
Will take a look at the patreon Tom 👍
Awesome thank you!
Beauty of Elliot waves is that u are never wrong
He has it going to 30k or 500k so you 100%
Patreon is good, i don't know what else we need ;D? ep, tp? 🤣
Tom!
Any thoughts on the monthly candles? Both BTC and ETH have printed some fairly ominous looking bearish engulfings.
Thanks Tom, great vid and no doubt so volatility to come very shortly, I don’t make the rules!!
You're welcome.
4 of 1. After next push close to 90k look out below. Then it will be a the real #3
alternate bullish count is my main
Whats your target for intermediate wave 3?
Also, interesting if Fork is with origin in first all time low from 2009 and then High from 2021 and low from 2022
What about gravestone doji in 2 month timeframe and also stoch rsi for 2 months showing close to top. Only happen once in history
It's so funny because absolutely no one gives a crap about candles anymore, but everyone pretends they do. We had a wowzer of a bullish hammer on the weekly, did price shoot up on that? no. Candles tell you "oh the price action on that day was bearish, on that week it was bullish. they aint shit for predicting future price action, everybody knows it and nobody takes a trade on that anymore.
Wake up, babe...
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Keep up the good work !!!
Thanks, will do!