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BTC update 05.05.18 by ew-and-patterns

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btc · @ew-and-patterns ·
$23.51
BTC update 05.05.18
## It looks like BTC has finally started white wave 5 of blue wave 1. After this comes a requisite ABC correction. I think it will be a big correction to scare off investors, because the big money investors know what comes after blue wave 2.
## They want a cheap buy in price to start off a giant rally.
![IhUC0WE6.png](https://steemitimages.com/DQmP383734f7JDe14Pqcxn1pg4cDu9AKYxc6Ny1XoooT8jv/IhUC0WE6.png)
![fgjasd.jpg](https://steemitimages.com/DQmQPbqUEJpXFtyjEXng7LMqPC3s8ME7k81XKh3eLLCKF7F/fgjasd.jpg)
![GnUJx0Ah.png](https://steemitimages.com/DQmWpS5o7SWJ5PLb7zntchZ5X1fMQcuK58jL7ot4E56Dw8Q/GnUJx0Ah.png)
## If this projection is right, May will be a bad month for cryptos, but the rest of this year we will see explosive gains.
## EW is very bad at giving time estimates, so don't give too much weight to my time projections. The pathway is more important than time. It can happen faster or slower than projected, but the end result is likely the same.


![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
If you think this to be useful information:
![DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif](https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.


Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)



![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
#crypto #cryptocurrency #steem #sbd #bitcoin #btc #bch  #eos #ethereum #eth #litecoin #ltc #ripple #xrp #stellar #xlm #nano #cardano #ada #vechain #digibyte #dgb #binance #tron #trx #iota #neo #xmr #dash #omg #verge #xvg #bitshares #bts #finance #money #investing
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vote details (211)
@atmosblack ·
$0.03
This seems plausible with EW, but my gut tells me, that May-July will only see massive ups. Let's see who will win the race. My gut vs. your waves 😀
👍  ,
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vote details (2)
@vimukthi ·
$0.04
I'd say end of May would produce some massive gains. I'm not looking at EW and it's not my gut. i just look at the fundamentals and the end of May seem very good.
👍  
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vote details (1)
@azzelarab · 
Is this the highest rise  of BTC in this month?
Thanks for share
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@coreychambers · (edited)
$0.11
That short term section says very little about what Bitcoin will do next. Look at the long term chart to see that Bitcoin is around the beginning to middle area of a medium-long down cycle.  The long-term pattern agrees with ew-and-patterns that Bitcoin will go down before it goes up.  It will likely take a lot longer than May to finish going down.  If you'd like more details, please up vote this reply.  Corey Chambers, http://www.BitcoinGauge.com
👍  
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vote details (1)
@cryptoewp ·
$0.06
Yes, it is possible scenario
👍  ,
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vote details (2)
@emmanueltare · 
Really, you have done alot here and you have been so good on update, @ew-and-patterns you full of excellent..
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@erikvantools · 
I wish it will happen  even if I'm not  own BTC but I hope to get almost 1 BTC by earning 1  worth in Steem /SBD  i love crypto 
I'm very disappointed about XVG  but this time I wish Goldman Sachs will do well with BTC and will pump it Loud!
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@ew-and-patterns ·
$4.99
I have a lot of XVG myself. Just hodl, it will be great next year.
👍  ,
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vote details (2)
@erikvantools · 
i had 364 :| but  exchanged  for SBD
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@grimfangs · (edited)
How do you even read this stuff? It always confuses me. The graphs, I mean...
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@jamr18 · 
Gran post, sigue asi!
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@kahookadad · 
Would you say that the higher wave 5 goes, the deeper the retrace will be?
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@robin.evergreen · 
yes, finally BTC is rising high on its price for last 2 or 3 months.
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@steem881 · 
Hi LOVE YOUR POST MAN!!! LIKE MY POST TOO!!!!! HERE IS THE LINK: https://steemit.com/bots/@abusereports/last-minute-upvote-list-2018-05-02
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@toni.crypto · 
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There will be a lot of interesting!
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@zuhrafriska · 
let's help each other vote on each other @zuhrafriska
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