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Bitcoin / TetherUS
Mar 7, 2023
AW Bitcoin Analysis - Crypto Depression Explained...
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What does the DOT COM BUST, GREAT DEPRESSION and Bitcoin Today all have in common?
They are all Type-2 Expanded Zig-Zags Wave A's.
I discovered this pattern many years ago and is one of the 3 Zig-Zag variants.
Just to give you some perspective on the type of price action I expect.
We are currently where the orange wave (B) is.
I have labelled the DOT COM BUST and superimposed it over the Bitcoin chart so you can see what I expect.
Won't be the first time it's happened and it won't be the last.
After this pattern has completed we can talk more about it.
Until then I suggest you try to be realistic and learn the waves.
NOTE: I created the AriasWave methodology many years ago to understand every type of move any market makes.
Watch the larger pattern video linked below.
Remember
to use
Disciplined Money Management Principles
to ensure longevity as a trader.
If you don't know the long term pattern
shouldn't you be
doing your research[b/] instead of just
following the crowd?
Just remember:
I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
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BLX
BTCUSD
BTCUSDT
Wave Analysis
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Related publications
AW Bitcoin Analysis - Part 2 of 2 - The Larger Degree...
by AriasWave
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