AriasWave

AW Bitcoin Analysis - Crypto Depression Explained...

BINANCE:BTCUSDT   Bitcoin / TetherUS
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 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.***

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.