From a TA point of view, BTS have finish his correction. Thank god it didnt trigger a panic selling to lower expected target. Indicators are very healthy and show strong bull signals. I can now put the count behind us. I must say that BTS have a nice strong hodler base as you can see we pushed perfectly this line :
I was telling you all that we needed this 4h signal to stay positive (https://www.tradingview.com/chart/BTSBTC/VLZQw44D-BTSBTC-BEAR-MARKET-BUT-WHATS-NEXT/) and we did it !
In my anterior post i posted on the 29 january signs of reversal, you oculd see this as i buy signal as i never explicitly told my followers when to buy when to sell.
According to EW rule. Wave 3 is at least 1.62x wave 1 Y values. Which mean somewhere between 14 000 sats or 17 000 sats . Positive trend are going to attract alts coin investor as they are so rare since BTC run push everything down, this phenomonum is going to give nice impulse wave to BTS .
Like Mr. N. Hill used to say : Collective knowledge/collective mind is infinite and lead to succes.
We need this bad boy to cross the signal :
Remember, BTS performing well in this bearish market because holding BTS is holding one of the fastest blockchain assets on CCM. You are holding physical structure like DEX and a nice exit door a.k.a. bitUSD. This btc bearish market may turn in a opportunity for BTS to have some light between all this low quality coin.
I have consolidate my portfolio to almost 50% BTS.
what is good to see is BTS doesnt show lower lows while BTC yes. Still holding. Im for the longer run. Nice to see BTS backed up to 3500. I expect BTC to have one last lower lows. If BTS hold at this levels we will have a bright futurs while some others coin gonna be in recovery.
I share with you what i try to explain : https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/DQmRaAAZ3ysEiyLitZ8jTSRsBm9mTqoUSXGNDWEduKsywQx_1680x8400
Hae Jin explanation : https://steemit.com/bitcoin/@haejin/bitcoin-btc-mid-day-update-a-ghosting-fractal
A FIAT on/off ramp for BTS without the need for Bitcoin
A potential FIAT on/off ramp for the price-stable SmartCoins"