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RE: Bitcoin (BTC) Morning Update: More Detailed Explanation of Triangle vs Bear Flag
The master Haejin has taught me well! Posted this an hour ago:
https://steemit.com/bitcoin/@benkalashnikov/bitcoin-btc-analysis-63-potential-profit
Nice work - deserve some more upvotes
Thanks, appreciate it!
Although @haejin has suggested if a bearish flag...it won't hit new high but hit around $18,000 and come down hard...
I guess we have to pick our poison....
how would it be a poison if the triangle turns out to be the correct pattern? and even if it comes out as a bearish flag then thats even better since I will get a pretty decent discount then.
nothing to be worring about at all
25k by the end of Jan. Perfect buying opportunities at the moment. We've seen this pattern many times.
well yes, thats basically what @haejin's projecting for the last couple of days :-) good luck :-)
Thank you :)
I have found last night's and this morning's analysis to be some of the most informational of all the videos you have made. The market is very uncertain at this micro moment. The price may go up or it may go down. We all know that BTC will eventually go up way much higher eventually. But in this moment uncertainty prevails. Knowing that the probability of movement will depend on where the negative bounce might occur makes one more comfortable with the result - regardless of whether there will be further price reduction or not. The discussion really taught me a lot. Thanks.
Nice work @benkalashnikov ! Great detail!