BTC : Spot the DIFFERENCE - Why THIS TIME is DIFFERENT

28 באוג׳ 2024

Yesterday, I made a very comprehensive update on why BTC likely has a hard drop coming - the only problem is it published the video on the BTC.D chart 🥴 So, you've likely missed it and I will repeat it here today because it's a VERY clear signal.

Altcoin dump happened BETWEEN the first turquoise and the purple vertical line, from halfway onwards:


Up until this point BTC did correct, but only around -27%. (BTC has currently corrected -33%)


The price THEN went on to drop another -20% before bottoming out at point 4 on the Elliot Wave Theory:


RECAP: What happened AFTER the 27% drop that led to another hard drop, ending at -50%? The BTC.D started INCREASING whilst BTC price DECREASED and TOTAL3 DECREASED.
Now look at the chart again, again at point 3 of Elliot Wave Theory (the second turquoise vertical line). In other words - we're still waiting to reach point 4.

The in-depth explanation here:

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BTC.D TOTAL3 BTCUSD BTCUSDT

28 באוג׳ 2024

הערה

I see the second chart is a duplicate, it's meant to be this chart instead:

30 באוג׳ 2024

הערה

Update on ETH :