Can you spot the Buy signal of that ABC correction with support on the .382 & .618?
With 11.2k being broken above this adds even more confidence to our Gold and Bitcoin fractal comparison & also adds confidence in my Elliott wave count.
If you are one of my VIP members then you got this chart recently
& if you are one of my trading-view followers then you saw this (VIP members also got this of course)
So seeing the breakout confirms that the analysis I have done in the charts above is valid.
The emotion of the market is high! and everyone still has that bear market vibe thinking things will fall off cliffs and while Altcoins are capitulating the real money is accumulating them while the same money that sold Bitcoin at 3.2k is selling their alts for Bitcoin and Fiat as we speak.. #dumbmoney
so stay on the right side of the market (stop dumb money mistakes) and start buying Bitcoin & accumulating Alts!
As always stay profitable out there!
going to be uploading a video going along with this analysis today on my Youtube channel (HighAltitudeInvesting) so watch for that.
<3
Note
Yes I have my money on the green primary count with stop-losses set at support (around $9,100)
Note
This correlates with my prev analysis of Bitcoin bottom with wxyxz & with my Bitcoin bear market secondary count from 2018 (technically this was drawn as a ABC but a bear move down below 4k was my alternative in 2018 we just got a WXYXZ instead of ABC down)
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