Hot July: Pt. 1 From Indecision to Decision (Bitcoin)

Digging deeper into the market bottom using elliot wave analysis on Bitcoin and alt coins in order to predict the change of trend and how time plays a huge role in that.

Kommentar:

Clarification: At one point in the lecture, forget if it was part 1 or later, I mispoke in using the term 'candlestick' when talking about how I was expecting June to be the monthly bottom (thus the expectation for July to be a green monthly candle). If you continue to listen, and listen closely, it becomes apparent that I am talking about the monthly *line chart, as is generally the case unless I specify otherwise.

Kommentar:

Line charts are based off of closing prices, thus, in order for a (insert given time unit) chart to bottom, the next time unit would have to close higher.

So, to be extremely clear, a better way of communicating what I mean (in that it would be more consistent) would be to phrase it like this: "my expectation is and has been that June will be the montly bottom on a line chart, thus, if proven correct would mean July will close higher than it started"