BTC update 15.03.2020 by ew-and-patterns

View this thread on steempeak.com
bitcoin · @ew-and-patterns · (edited)
$1.88
BTC update 15.03.2020
## As you probably noticed already, we faced the worst week ever in Bitcoin history.
#### BTC dropped a whopping 59% (from 9200 to 3800) within just 6 days in March 2020. 
#### My initial reaction was "Wow, what a great buying opportunity."
#### The problem is, that I know how low the probability is, that this is a second wave 2 correction (third pic). Yes, a wave 2 can retrace 99.99% and still be valid, but the probability of it being a wave 2 after crossing the 88% retracement is only 5%.
#### So I have to favor the more bearish count over the two bullish ones. The bearish one expects BTC to drop to 1000$ or close to that.
## Here are the 3 most probable alternates:
![Bitcoin BTC_USD(31).png](https://cdn.steemitimages.com/DQmahk7C3wjk7nHi2E43cjShPn6EDskkXnMCWbMssZNR4me/Bitcoin%20BTC_USD(31).png)
![Bitcoin BTC_USD(1).png](https://cdn.steemitimages.com/DQmSCXyxh5bpkuLPksbnAQDuRvHxUJTu6EfCwmPWkCV64Sb/Bitcoin%20BTC_USD(1).png)
![Bitcoin BTC_USD(21).png](https://cdn.steemitimages.com/DQmYTnXhPKiv981natMb6wTKq3XtoNEbCH8BMB77sNskFFV/Bitcoin%20BTC_USD(21).png)

#### Is there a chance that BTC has already seen the low and is now preparing the stairway to heaven (new ATH)? Yes absolutely, but the probability from an Elliott Wave perspective is not good enough for me to buy more right now.
#### This will only change if we see a clear impulse wave up now.
#### I will never sell my BTC at a loss. Either the money is gone, or I win. I am fine with whatever happens to BTC next.

![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)
![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 resteem, 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)
![ew-and-patternsnew.gif](https://cdn.steemitimages.com/DQmQ46HFa5QbiPYCoUDqDZSR5U13StiiySrpvudvPwh9PRo/ew-and-patternsnew.gif)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 2 others
👎  , , ,
properties (23)
post_id85,205,402
authorew-and-patterns
permlinkbtc-update-15-03-2020
categorybitcoin
json_metadata{"tags":["btc","steemleo","palnet","crypto","cryptocurrency","cryptocurrencies","steem","bitcoin"],"users":["ew-and-patterns"],"image":["https:\/\/cdn.steemitimages.com\/DQmahk7C3wjk7nHi2E43cjShPn6EDskkXnMCWbMssZNR4me\/Bitcoin%20BTC_USD(31).png","https:\/\/cdn.steemitimages.com\/DQmSCXyxh5bpkuLPksbnAQDuRvHxUJTu6EfCwmPWkCV64Sb\/Bitcoin%20BTC_USD(1).png","https:\/\/cdn.steemitimages.com\/DQmYTnXhPKiv981natMb6wTKq3XtoNEbCH8BMB77sNskFFV\/Bitcoin%20BTC_USD(21).png","https:\/\/steemitimages.com\/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA\/image%20(5).png","https:\/\/steemitimages.com\/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk\/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif","https:\/\/cdn.steemitimages.com\/DQmSdpAAyTCKGU2qLWqsCpQh4CWE9cG3yGVd4mJjx5rzGDT\/legal3.png","https:\/\/cdn.steemitimages.com\/DQmQ46HFa5QbiPYCoUDqDZSR5U13StiiySrpvudvPwh9PRo\/ew-and-patternsnew.gif"],"app":"steemit\/0.2","format":"markdown"}
created2020-03-15 10:22:21
last_update2020-03-15 14:28:24
depth0
children9
net_rshares7,781,762,571,684
last_payout2020-03-22 10:22:21
cashout_time1969-12-31 23:59:59
total_payout_value0.945 SBD
curator_payout_value0.935 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,542
author_reputation113,066,339,794,964
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (70)
@florianopolis · 
***But the end of all things has drawn near.*** Therefore be sober-minded and be sober unto prayers.(1 Peter 4:7)
## Question from the Bible, *Why are some children born with disabilities?*
Watch the Video below to know the Answer...
***(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)***
https://youtu.be/u2yqaddRauI
Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to **Thank you, our beloved friend.**  
Check our [Discord Chat](https://discord.gg/vzHFNd6) 
Join our Official Community: https://steemit.com/created/hive-182074
👍  
👎  
properties (23)
post_id85,205,535
authorflorianopolis
permlinkw4go9y9um5
categorybitcoin
json_metadata{}
created2020-03-15 10:30:36
last_update2020-03-15 10:30:36
depth1
children0
net_rshares-25,009,152,540
last_payout2020-03-22 10:30:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length699
author_reputation-5,873,390,668,414
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout10,000.000 SBD
percent_steem_dollars100
author_curate_reward""
vote details (2)
@abdulmanan · 
what about steem ?
👎  ,
properties (23)
post_id85,205,598
authorabdulmanan
permlinkq78dc6
categorybitcoin
json_metadata{"app":"steemit\/0.2"}
created2020-03-15 10:33:42
last_update2020-03-15 10:33:42
depth1
children5
net_rshares-26,026,153,309
last_payout2020-03-22 10:33:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length18
author_reputation46,773,514,128,719
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@ew-and-patterns · 
I see Steem a 3 cents and possibly below that.
We will then see a big bounce, or if not, Steem will be dead. If the community moves to a new chain, it's a dead coin anyway.
properties (22)
post_id85,205,772
authorew-and-patterns
permlinkq78dsd
categorybitcoin
json_metadata{"app":"steemit\/0.2"}
created2020-03-15 10:43:27
last_update2020-03-15 10:43:27
depth2
children4
net_rshares0
last_payout2020-03-22 10:43:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length172
author_reputation113,066,339,794,964
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@markkujantunen · 
I believe that if Bitcoin tanks, Steem will see massive bloodshed, too.

STEEM may die as a speculative shitcoin just like Bitcoin is, to be honest. But I don't think it will die as a utility coin. As long as the chain runs, there will be some demand for it. The content on Steem created by its users is what ultimately makes it valuable, not some despicable speculative negative sum game like the entire crypto market in the last ten years. What makes it valuable to create content on Steem is the freedom from censorship. You should try using Quora, for instance. Nasty censorship on a daily basis. It's bullshit. I will always continue to post to Steem regardless of the monetary value of the rewards, at least by cross posting from elsewhere. Why would people stop using Steem just because it doesn't pay? Billions of people use social media every day without getting paid at all. The very concept is completely alien to the vast majority of people.
properties (22)
post_id85,206,546
authormarkkujantunen
permlinkre-ew-and-patterns-q78fhw
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steempeak\/2020.03.4"}
created2020-03-15 11:20:18
last_update2020-03-15 11:20:18
depth3
children2
net_rshares0
last_payout2020-03-22 11:20:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length953
author_reputation340,582,416,232,499
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@mys · 
I see Steem at 3 cents only if Bitcoin touches 1k dollars.
In terms of STEEM/BTC it steadily grows last weeks (as most altcoins do).
properties (22)
post_id85,208,985
authormys
permlinkre-ew-and-patterns-q78lv4
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steempeak\/2020.03.4"}
created2020-03-15 13:37:54
last_update2020-03-15 13:37:54
depth3
children0
net_rshares0
last_payout2020-03-22 13:37:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length132
author_reputation14,753,290,326,944
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@travelwithus · 
yes, all or nothing- not selling at any loss- keep or die is the only way, but i think it will not die, maybe  more lower, as soon some more problems comes in the crisis with corona, but it will not die. We will be happy later that we keep it and even buy now more
properties (22)
post_id85,209,006
authortravelwithus
permlinkq78lxk
categorybitcoin
json_metadata{"app":"steemit\/0.2"}
created2020-03-15 13:39:21
last_update2020-03-15 13:39:21
depth1
children0
net_rshares0
last_payout2020-03-22 13:39:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length264
author_reputation222,729,518,282,394
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@steemitboard · 
Congratulations @ew-and-patterns! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@ew-and-patterns/community.png</td><td>Thank you for the witness votes you made to support your Steem community and for keeping the Steem blockchain decentralized</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@ew-and-patterns) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=ew-and-patterns)_</sub>


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
properties (22)
post_id85,220,039
authorsteemitboard
permlinksteemitboard-notify-ew-and-patterns-20200315t235221000z
categorybitcoin
json_metadata{"image":["https:\/\/steemitboard.com\/img\/notify.png"]}
created2020-03-15 23:52:21
last_update2020-03-15 23:52:21
depth1
children0
net_rshares0
last_payout2020-03-22 23:52:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length709
author_reputation38,705,954,145,809
root_title"BTC update 15.03.2020"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
Help/Feedback