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BTC update 25.02.18 by ew-and-patterns

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btc · @ew-and-patterns ·
$70.19
BTC update 25.02.18
## The last bullish scenario I can find is this. If it does not follow this path, I think BTC will drop to a new low close to my 2,500$ target for the bearish case.
![Tn0NxslF.png](https://steemitimages.com/DQmYGGtCGajfH94ki9rZhm9sDaNyJQo7ZztBuVLT5TbwHmK/Tn0NxslF.png)
## Don't be mad that BTC might drop hard, don't be mad that your blogging payouts are going to shrink even more. It is part of the game. Without those annoying periods of FUD, there can't be new alltime-highs. 
## But once the sentiment turns, it will be all worth it, believe me.
## Remember when BTC was between 15,000$ and 20,000$ and rising fast? I had my best post reward me with 300$ (worth 1200$ in USD terms) which was totally insane !!!
## Now imagine this x2 when BTC is finally in a stable uptrend again and on its way to 40,000$... stay humble.

![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 :-)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 4 others
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vote details (68)
@aaronnn47 ·
$0.33
thank you for the information
👍  
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vote details (1)
@muhtadiaremi · 
Yupppp i agree with you
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@abdul1234 · 
Great post I love it
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@apiprincz · 
Yh really informative and captures the thoughts of many hopefuls.  Hope the crypto shoots over the counter pretty soon
👍  
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vote details (1)
@d-zero · 
So suppose I should load up more.
>Without those annoying periods of FUD, there can't be new alltime-highs.

Really good thinking. We have to think long. That's why I sold some of my Verge and Stellar to and put them on STEEM. I don't know much EW and TA. So correct me if I'm wrong.

We cannot see BTC going below yellow wave 2. So that's a safe point to get in cheap.
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@ew-and-patterns ·
$10.98
Of course it can go below yellow wave 2. But the bullish scenario will be unlikely if it does. 
I wrote that it will drop to 2500 if the iSHS pattern does not work out as planned.
👍  ,
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vote details (2)
@d-zero · 
Should I say ouch or great opportunity.....
Anyways, thanks for feedback. I'll keep that in mind.
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@demonklyd · (edited)
$0.22
Don't worry, this is textbook Elliot waves now in progress, with an ABC landing on Fib 0.618 at around $8242. Then we shall retest many resistances, but the volumes for the iSHS are confirming right now, this looks very promising.
I still agree though that there's always a chance a different scenario, a bearish one, occurs. This is ALWAYS the case whatsoever, even during a bullrun shit may happen.
![btcusd25022018.png](https://steemitimages.com/DQmdgHngKBDqBDCkStTSXATgyd9HgC8gM9AKxZscJjCV9zK/btcusd25022018.png)
👍  , , , ,
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vote details (5)
@youareyourowngod ·
$0.41
Yep i have the same count for XVG (typically mirroring BTC).

ABC zig zag correction currently on wave 2 of C
👍  , ,
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vote details (3)
@criptoar · 
Many alcoins have this triangular figure. I hope you break the BTC up and the other alcoins accompany the climb.
👍  
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vote details (1)
@demonklyd · 
same for XRP. Most importantly, take a look at both XVG/BTC & XRP/BTC > they are about to surge any time soon! Why ? Because they're at the very end of a triangular correction.
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@dirkboy41 · (edited)
$0.82
Appreciate the sound trading advice. Considering all scenarios and staying patient is key to successful trading. I always try to visualize all possible scenarios, especially worst case, to prepare myself for what the market has to offer.
👍  , ,
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vote details (3)
@fictionalfacts · 
It will go back up.
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@flash4yard · 
Have a nice day too! :D
Nice that you are predicting on both sides that no one can complain^^
👍  
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vote details (1)
@grizgal ·
$0.19
I hope you are right about the new uptrend! I need to cash out some btc in the next few months and could do with a decent rate!!
👍  
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@mahadihasanzim · (edited)
*Is it possible that BTC will drop to a new low close to 2,500$.*
**if it happen, the crypto trader will finish.**
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@muhtadiaremi · 
Thanks for your information, I will wait for your next posting, please visit my blog @muhtadiaremi ,Your upvote voice is very valuable to me
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@rubenmoutinho · 
>Remember when BTC was between 15,000$ and 20,000$ and rising fast? I had my best post reward me with 300$ (worth 1200$ in USD terms) which was totally insane !!!


Your perspective and optimism is cool. Keep it up!

Cheers
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@rzaman · 
Nice post.....Thanks for sharing........
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@simplifylife · 
Yeah man, i've noticed the post payouts already falling significantly. We gotta keep patience!!
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@sjworld · 
Get free upvotes your post http://mysteemup.club
👎  
properties (23)
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permlinkre-ew-and-patterns-btc-update-25-02-18-20180225t092050137z
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vote details (1)
@sunildkavuri · 
Is the inverse head and shoulders with bottom at $5900 not on the cards anymore? Many thanks
properties (22)
authorsunildkavuri
permlinkre-ew-and-patterns-btc-update-25-02-18-20180225t095751800z
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@ew-and-patterns ·
$5.49
It is still on the cards, but only like this if you ask me. We can only hope that it turns above 7,900$ and completes the right shoulder afterwards.
👍  ,
properties (23)
authorew-and-patterns
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vote details (2)
@sunildkavuri · 
Thanks.
properties (22)
authorsunildkavuri
permlinkre-ew-and-patterns-re-sunildkavuri-re-ew-and-patterns-btc-update-25-02-18-20180225t112458916z
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@wayforhappiness · 
post  was  resteemed by @wayforhappiness
properties (22)
authorwayforhappiness
permlinkre-ew-and-patterns-btc-update-25-02-18-20180225t104648121z
categorybtc
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@awayforhappiness · 
post was resteemed by @wayforhappiness
properties (22)
authorawayforhappiness
permlinkre-wayforhappiness-re-ew-and-patterns-btc-update-25-02-18-20180225t105146982z
categorybtc
json_metadata{"tags":["btc"],"users":["wayforhappiness"],"app":"steemit/0.1"}
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