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RE: Why Bitcoin Could Fall Lower From Here

in #bitcoin7 years ago

Thank you for the post mooringsman and I'm happy you joined Steemit. It's cool to have such a diverse group of people who follow the channel. I've never been big on Elliot Wave analysis, but I know a decent amount of people use it with good success. My favorite likely has to go to Avi Gilburt, however I don't follow that type of analysis frequently because I tend to think most TA is far too open to interpretation. However, if you can make sense of it from a market rationale point of view, then it can be quite a powerful tool which it seems like that is what you are doing (rather than ONLY charting).