Why is Bitcoin crashing? Emergency update by ew-and-patterns

hive-126009 · @ew-and-patterns · May 19 '21 (edited)

$4.03

Why is Bitcoin crashing? Emergency update

# No it's not Elon's fault.
# We had an ending diagonal in wave 5. This is always followed by strong momentum in the opposite direction.
###### The problem now is, that we are fast approaching a 50% correction at 34,5k (32,4k if you use 0 as reference point).
###### If this line will be breached, there is statistically only a 10% chance that we are in a wave 4 correction. That means two things:
###### It means that the count will get a lot more bullish in the long run, but could drop down to 30-18k in the short term (as wave 2 correction)...
###### The sentiment is already really scared, so we might not have to drop much lower. But in a wave 2 we certainly could drop much lower... (see reversal zone)
###### If you don't prove to have diamond hands now for a few weeks, you will get nuked by fear. Don't sell the bottom, because we might be close to the bottom.

https://cdn.steemitimages.com/DQmRmUyKG6YwASXzWyGodXwNhr8FWMDZ9xLgXMedNzycgoh/wm52XOAE.png

![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)
![legal3.png](https://cdn.steemitimages.com/DQmSdpAAyTCKGU2qLWqsCpQh4CWE9cG3yGVd4mJjx5rzGDT/legal3.png)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)


Please consider leaving a comment, like or rehive, 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)
#bitcoin #btc #crypto #cryptocurrency #cryptocurrencies #steem #sbd #ethereum #eth #ripple #xrp #bitcoincash #bch #eos #litecoin #ltc #stellar #lumen #xlm #digibyte #dgb #cardano #ada #iota #tether #neo #tron #trx #omg #verge #xvg #bitshares #bts #nano #monero #xmr #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #money #life #altcoin #altcoins #trading #investing #investment #investments #forex #forextrading #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #spx #xau #xag #usdjpy #usd #amazon #amzn      
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Updates will only be posted on HIVE !!!
https://cdn.steemitimages.com/DQmRggYwJoG8wp8AiwTzG7tJkkEGZwM21wq5it8sg2hsH1B/B69z.jpg
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
![](https://cdn.steemitimages.com/DQmR2Vup51B1nvaNcNdTDYffLmfwCHGMyWT3Ak4VMksSrAf/final.gif)

👍 ripperone, magicmonk, ew-and-patterns, offgridlife, ctime, germansailor, tobetada, outlinez, merlin7, tangmo, tomaszs77, stevelivingston, backinblackdevil, dreimaldad, khaiyoui, betterthanhome, aliriera, sabine-reichert, drifter1, warnas, sparschwein, htliao, aleister, omarrojas, mdosev, coininstant, portugalcoin, summertooth, kissi, byebyehamburgers, fatman, helpyou, steemfriends, annabellenoelle, monster.oo7, elbrava, curationvoter, matschi, icuz, drifter2, dachcolony, gudnius.comics, spinvest-leo, youngelder, josh26, webhoster, lionsuit, kramarenko, mazzle, spicywoman, richie.rich, artem-sokoloff, swagtoshi, toni.pal

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properties (23)vote details (54)

voter	rshares	pct
drifter1	42,884,108,775	100%
artem-sokoloff	363,553,596	100%
coininstant	17,733,424,197	100%
magicmonk	1,386,298,451,938	50%
germansailor	312,082,679,250	100%
sabine-reichert	53,794,321,452	100%
webhoster	931,948,449	100%
tangmo	118,630,692,793	100%
ripperone	1,790,446,998,676	28%
htliao	37,908,324,188	20%
aleister	29,037,128,763	20%
stevelivingston	111,366,234,427	45%
tomaszs77	112,600,912,772	100%
mdosev	24,886,492,318	50%
ew-and-patterns	1,003,807,681,208	100%
kramarenko	829,619,494	50%
khaiyoui	76,358,767,082	50%
offgridlife	589,045,143,884	100%
summertooth	13,757,286,717	100%
betterthanhome	67,047,375,602	50%
fatman	6,953,334,558	2%
tobetada	204,914,353,952	15%
mazzle	642,834,119	100%
elbrava	4,504,372,758	40%
kissi	10,691,176,890	67.5%
portugalcoin	16,374,993,025	15%
warnas	40,313,494,794	10%
swagtoshi	39,775,676	100%
icuz	2,752,164,217	50%
josh26	1,018,688,018	50%
annabellenoelle	5,077,220,768	100%
matschi	3,561,470,473	90%
backinblackdevil	107,712,770,121	75%
lionsuit	839,229,876	100%
outlinez	184,930,731,817	100%
dreimaldad	101,051,702,661	40%
aliriera	58,292,843,717	100%
helpyou	6,843,159,097	100%
byebyehamburgers	9,967,994,177	20%
youngelder	1,448,985,656	100%
drifter2	2,612,395,068	100%
merlin7	124,297,665,403	50%
gudnius.comics	2,392,970,889	100%
steemfriends	5,640,537,001	50%
monster.oo7	4,920,558,583	100%
ctime	323,299,561,491	2.5%
curationvoter	4,104,920,127	50%
richie.rich	534,142,122	90%
spicywoman	550,746,443	100%
sparschwein	38,402,549,344	100%
dachcolony	2,481,581,675	90%
spinvest-leo	1,476,412,219	5%
toni.pal	0	0.62%
omarrojas	26,667,310,318	100%