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RE: BITCOIN (BTC) Elliott Wave Analysis: All Time New Highs Dead Ahead!!

in #bitcoin7 years ago

Does TA suggest alts going down too after BTC wave c completes? Or are we just assuming they will follow Bitcoin? Could they (some) not only become non-phasic but actually completely decouple?

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I don't believe any coin has shown that quality enough to make any assumptions of what they might do. As to this point in time, it does look like the alt coins will follow the bitcoin fall. Anything that looked inverse at one time, has become phasic again. It is entirely possible that scenario could present itself, but that is a very tough line to tow without prior indication.

"Extraordinary claims require extraordinary evidence"? Good point.

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