raphael49419

HI Everyone, As you all know, i only post when things start to change or if something big is on the horizon, i know there is a lot to digest in my chart but let me explain my analysis. I still believe that this is wave C of my primary wave meaning that we have not seen our bottom. If this wave C goes above 32917.17 then my Extending primary wave B gets invalidated and this is in fact the beginning of the bull cycle but there will definitely be a big correction to follow. Wave B's extension x3 will be complete at 31719.00 and this will form our Top of primary wave C and then we should head down to wave 5. I have two scenarios that should play out, one we will correct and complete a small correction to 25k and then push up to complete our to to 31719.00 as mentioned above. * two we are heading down and will not make another move up. My reasoning for scenario two depends on when the Fednow launches their digital coin, i believe all hell is going to break lose in July if this happens and if we haven't hit that high yet then we will not get to that level and will continue down to the very lows all have been predicting, but if they hold out then i think we should hit that high and then bitcoin will turn and correct itself. This move of introducing the Fednow coin i believe will coincide with the crash of the dollar, if not then in a short timeframe thereafter. look out for news surrounding the Saudi Royal family and their decisions on extending their policy around accepting the Yuan as payment for oil, this will ultimately crash the petro dollar and gazillions of dollars will start making there way back to the USA and we will witness inflation like never before. The Fed will then plug almost half of the human population in 70 countries into their digital currency and the 34 trillion in debt from the USA alone will become liquid and they will use everyone as their liquidity thus claiming their outstanding debts from all 70 countries. This control will not come without its controversy and the economy will take another hit. My advice, support companies that are will to take crypto payments and try not to support the CBDC's making them obsolete and taking back our freedoms. Let crypto assist in our freedoms, but this is a very exciting time as this new financial system will change generations of wealth to come. Bitcoin will become extremely rare in the next 10 years with XRP, HBAR, XLM, QNT, ALGORAND, XDC and MIOTA driving the new financial system. Good luck

HI Peeps, I only post when there is something relevant to post and i believe that finding the top is the most relevant topic of discussion right now. As all of you know i dont believe our bottom is in due to the FTX black swan event pushed our B correction down into a extended flat, this is what has confused most people, that bottom is what i believe is the B wave and what we have witnessed for the past 2 months is the C wave. I do think the top is in and we are now heading for the bottom of the C wave. Now the question is will it go to 12k or 10k? Please understand that i would love for this to be all over and sit back and watch the bull run unfold for the next 3 years but there are way to many things that suggest otherwise. Macro economics suggest turmoil, fear and panic that doesn't instil confidence in anyone that was previously sceptical of this volatile market to suddenly move all their money to the crypto space. The collapse of the fiat currency is coming and everything will be affected. Banks collapsing is no coincidence, They have targeted crypto friendly banks as they can not control crypto. The US and the world used covid to drive the economy into the ground, spending trillions on vaccines and further stimulus cheques that have kicked up debt that no government can with stand thus pushing inflation through the roof. It's all planned to introduce a new shiny tool called Digital Bank Currencies. This will ultimately control everything, initially they will incentivise and even give people money to show good faith but once they start programming what you can spend these on will the penny drop for many, imagine only being able to purchase meat once a week or using your car 2x a week because they restrict your currency from purchasing more than a certain amount? They have to break everything in order to fix it, you cant introduce new governance if its not broken, welcome to the new world order. Back to BTC The USA own 1 Billion of BTC and have been moving it around, could this be the play that they have wanted, we know that 85% of the volume that is behind this C wave is from wallets that hold 1000-10000BTC and if they sell and the USA sells well then we are at 12k-10k levels. This is a moment in history that you, me and our families could take advantage of and never worry about money again, buy into the bottom and only transact and support companies that accept crypto and relinquish the hand cuffs put on us by money that is made from air! I hope you Enjoy my Chart, you will see that i have depicted a short trade in the corner, make sure you use a stop loss in case these whales have not had enough yet. Till next time, God bless and get richOne thing i failed to mention was that the collapse of these banks is Due to the USA wanting to become the stablecoin of choice moving Forward. If they take out their competitors and lose the petro dollar then they will stand to make trillions as the stable coin that forces us to use

HI Traders, I have like the most of you wondered when or why have'nt we hit our bottom yet but i think i have an idea that may answer a few questions. 1. Have we hit our bottom? Probability is I don't believe we have, what i think has happened is that the FTX swan event pushed our B wave correction down into what looks like a 5th wave but actually a running flat and that extends C normally 100% of the push past 3. Running flats are common in 4th wave corrections but this one is expanded by the FTX event. My wave count has us with the 3rd wave correcting at 1.218 fib retracement which normally means that the 5th would be extended thus all the predictions of BTC going to 1ooo but the extended wave past 3 i believe is our B correction due to the fact that its a zig zag and i cannot find the impulse that makes up the last leg of the C of the B wave. Long story short, 3rd waves normally have the most volume and we do see that on the B WAVE and thats why most people think thats the 3rd wave. I believe wave 4 will finish around 27k mark and then turn down, the only question is will the 5th be extended or not? 2. Volume Most volume in impulse waves (1,3,5) are normally shown on the 3rd sub level of the 3rd wave but most corrections i see a lot of volume on the 4th wave and that is showing up again in this scenario, we have massive volume in this correction leading me to believe that this is all a correction and the probability of a bottom is not likely. 3. Manipulation I have mentioned a number of times in my other posts that most of the buy-in has been from wallets with 1000-10000 BTC wallets and that 85% of the volume has been from USA institutions thus retail or shrimp have not really bought into this narrative that the media is pushing really hard that we have found the bottom. I guess the only way we find out is with time, will the whales take advantage of the 15% that has bought in and short all the way down to the new found bottom???? Leave your thoughts and comments Always a pleasure and trade with a stop loss for goodness sake :)

BTC is in its ABC correction with what looks like one more move down to the biggest support area between 14k - 10k, once the supports holds i think the worst is behind us. Plan your trade and trade your plan, always use a stop loss and never trade out of fear or greed. Play it safe and make money. Hope this helps or at least sparks and interest in some of you BTCUSD

BTC is ultimately ruling all cryptos and dictating the way, using wave counting a correction needs to take place and then another wave down to the high of 2018 which isn't much support but lets hope it withstands the pressure. Plan your trade and trade your plan, always use your stop loss and dont trade through fear or greed. Make your position count

Bitcoin is influencing every single crypto, thus we only need to monitor its red or green status and the push and pull manifests itself in all other crypto's. This said using Elliot wave principles you can clearly see the downward trend that it will bounce back up to complete its 4th wave 30200$ and then move down to 5 around 27686$. Remember to always use your stop loss, protect your capital and don't trade through fear or greed, have a plan and trade your plan