TA: Bitcoin Correction Is Over, Price Projection 49225$ By May by drumsta

View this thread on steempeak.com
· @drumsta · (edited)
$36.84
TA: Bitcoin Correction Is Over, Price Projection 49225$ By May
https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wYTg2MmY5MTU1NTEzZGI3OThiNDJhMWRmMjJiMTYxZS5qcGc=.jpg

So after all the FUD that went on in January bulls will return to the market in the following months. Crashes like these happen only a few times a year, similar to what happened last year (China FUD). These are good times to buy and have confidence that in the big scheme of things prices will rise, as half of trillion dollars market cap for cryptos is like having some spare change in the pocket. Forex market daily trading volume is 7 trillion. How much do you reckon trading volume for digital currencies will be in the future, considering the accessibility of the market and the global scale it can reach? That's why 49225$ for one BTC by the begging of May sounds optimal to me, and here is my Technical Analysis from which I am drawing that conclusion. 

https://scontent.fbeg4-1.fna.fbcdn.net/v/t35.0-12/27335166_1759588840795015_398310532_o.png?oh=faf322aa63fae83c9fb102fe3325e9fb&oe=5A6E5435

This correction has tested the 150 Day EMA which provided a strong support both now and in the past 

https://scontent.fbeg4-1.fna.fbcdn.net/v/t35.0-12/27335083_1759588847461681_696973912_o.png?oh=c30033319a57531226ebe5df25320fb1&oe=5A6D73E3

Looking at some trendlines it is clear that previous resistance was broken and it was now retested as support. 

https://scontent.fbeg4-1.fna.fbcdn.net/v/t35.0-12/27398813_1759588844128348_93395461_o.png?oh=51da13a40847892d1de9c9f624eb1e49&oe=5A6D212E

Elliot Waves count shows the end of ABCDE correction that formed a falling wedge. Wedges are known as a multiple price wave reversal pattern. When the pattern completes, and the price breaks out of the wedge, it is usually in the opposite direction the wedge was pointed. This is why it is called a reversal pattern. For example, if a wedge is angled downward β€”called a "falling wedge"β€”the price will often break above the top of the pattern and rally.

Notices the bull trap? Did you fall for it? I lowered my B wave below the closing point of the candles because on the higher timeframe you would just see the wick. 

And now onto the price projection. 

https://scontent.fbeg4-1.fna.fbcdn.net/v/t35.0-12/27484425_1759588857461680_247906002_o.png?oh=6432cdd622e428d36e863a657d130d10&oe=5A6D727F

Combining trendlines, Fibo levels and Elliot Waves count we can project the future price action, which brings us to the target price of approximately 49225$ in the first week of May. As the Elliot Waves theory suggests markets are fractal in nature, so 12345 count from the third picture is the sub wave of the wave 1, and ABCDE correction is the wave 2, which leads me to believe that wave 3 is coming anytime now and that this was just a calm before the storm. 

If you agree or disagree with my Technical Analisis I would like to hear your reasons why, so make sure to leave a comment below, as I always like to stress test my forecasts. 

If this was helpful and encouraging make sure to upvote so that others can benefit from it as well. 

Cheers, and happy trading :)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 47 others
properties (23)
post_id28,244,201
authordrumsta
permlinkta-bitcoin-correction-is-over-price-projection-49225usd-by-may
categorybitcoin
json_metadata"{"app": "steemit/0.1", "format": "markdown", "image": ["https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wYTg2MmY5MTU1NTEzZGI3OThiNDJhMWRmMjJiMTYxZS5qcGc=.jpg"], "tags": ["bitcoin", "cryptocurrency", "money", "blockchain", "ta"]}"
created2018-01-26 14:23:24
last_update2018-01-26 14:24:45
depth0
children75
net_rshares4,102,604,804,395
last_payout2018-02-02 14:23:24
cashout_time1969-12-31 23:59:59
total_payout_value28.174 SBD
curator_payout_value8.665 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,117
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (111)
@bobrock ·
$0.05
Excellent text, I agree with your Technical Analisis. :)
πŸ‘  , ,
properties (23)
post_id28,245,547
authorbobrock
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t142711104z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 14:30:48
last_update2018-01-26 14:30:48
depth1
children1
net_rshares6,414,098,003
last_payout2018-02-02 14:30:48
cashout_time1969-12-31 23:59:59
total_payout_value0.053 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length56
author_reputation14,943,228,742
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@drumsta ·
Thanks bobrock, I hope it plays out like I forecasted it  :)
πŸ‘  
properties (23)
post_id28,245,824
authordrumsta
permlinkre-bobrock-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t143205351z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 14:32:06
last_update2018-01-26 14:32:06
depth2
children0
net_rshares494,675,547
last_payout2018-02-02 14:32:06
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_length60
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@fow ·
It is possible but I think it will need to be fueled by good news. For example, scaling with lightning network gets mass adoption. I don’t see speculation alone taking BTC that high by May.
properties (22)
post_id28,276,207
authorfow
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t172137776z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:21:36
last_update2018-01-26 17:21:36
depth1
children1
net_rshares0
last_payout2018-02-02 17:21:36
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_length189
author_reputation829,638,483,337
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
Good news will come like the correction was fueled by bad news.
properties (22)
post_id28,306,323
authordrumsta
permlinkre-fow-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t202016687z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:20:15
last_update2018-01-26 20:20:15
depth2
children0
net_rshares0
last_payout2018-02-02 20:20:15
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_length63
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@digitaldruid ·
What will be the catalyst for the surge in value? Do you expect governments to validate it as a recognized currency? Major international business to adopt it as a payment system? Or do you believe that market momentum of individual investors will drive the value up to such heights?
πŸ‘  
properties (23)
post_id28,276,679
authordigitaldruid
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t172413335z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:24:15
last_update2018-01-26 17:24:15
depth1
children2
net_rshares890,993,361
last_payout2018-02-02 17:24:15
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_length282
author_reputation320,298,979,934
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@drumsta ·
the second one
properties (22)
post_id28,509,165
authordrumsta
permlinkre-digitaldruid-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t172528765z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 17:25:30
last_update2018-01-27 17:25:30
depth2
children1
net_rshares0
last_payout2018-02-03 17:25:30
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_length14
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@digitaldruid ·
I wpuld prefer the first. Trade and increased volumes really help determine a fair and stable value. When its predominantly individuals who tend to HODL then the volumes are suppressed by speculators and value is far more eratic.
properties (22)
post_id28,535,001
authordigitaldruid
permlinkre-drumsta-re-digitaldruid-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t195707626z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 19:57:09
last_update2018-01-27 19:57:09
depth3
children0
net_rshares0
last_payout2018-02-03 19:57:09
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_length229
author_reputation320,298,979,934
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@stillwater ·
$0.07
Feel good stuff for the one's who believe :)  I believe and appreciate your post!  Time will tell but I don't believe at all that these markets are going anywhere but up!  The herd is coming!
πŸ‘  
properties (23)
post_id28,276,761
authorstillwater
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t172445329z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:24:48
last_update2018-01-26 17:24:48
depth1
children0
net_rshares8,419,478,376
last_payout2018-02-02 17:24:48
cashout_time1969-12-31 23:59:59
total_payout_value0.058 SBD
curator_payout_value0.014 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length191
author_reputation10,311,772,745,930
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@leserge ·
$0.43
I wouldnt say we are out of the woods yet. Still people are a little bit concerend and I think we will stay around the 11000 Dollar mark for a little bit longer. After that though I am also bullish on bitcoin :-D Good analisis!

My like you have :-D

ALM
@leserge
πŸ‘  , , , ,
properties (23)
post_id28,276,948
authorleserge
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t172542760z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "users": ["leserge"], "tags": ["bitcoin"]}"
created2018-01-26 17:25:45
last_update2018-01-26 17:25:45
depth1
children6
net_rshares48,093,007,854
last_payout2018-02-02 17:25:45
cashout_time1969-12-31 23:59:59
total_payout_value0.377 SBD
curator_payout_value0.048 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length263
author_reputation293,614,688,351
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (5)
@newageinv ·
$0.10
Agree here, still lots of weak hands that bought much higher and will to look to sell to breakeven...
πŸ‘  , ,
properties (23)
post_id28,277,781
authornewageinv
permlinkre-leserge-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t173014956z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:30:15
last_update2018-01-26 17:30:15
depth2
children2
net_rshares11,214,414,682
last_payout2018-02-02 17:30:15
cashout_time1969-12-31 23:59:59
total_payout_value0.092 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length101
author_reputation109,928,704,812,170
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@leserge ·
$0.08
Exactly!
πŸ‘  
properties (23)
post_id28,279,739
authorleserge
permlinkre-newageinv-re-leserge-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t174108490z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:41:39
last_update2018-01-26 17:41:39
depth3
children0
net_rshares9,836,808,925
last_payout2018-02-02 17:41:39
cashout_time1969-12-31 23:59:59
total_payout_value0.083 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length8
author_reputation293,614,688,351
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@seanlloyd ·
And I know from past experience goofing around with small trades, the second I get out to break even, that's precisely when it takes off. πŸ€”
properties (22)
post_id28,319,038
authorseanlloyd
permlinkre-newageinv-re-leserge-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t213811536z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 21:38:12
last_update2018-01-26 21:38:12
depth3
children0
net_rshares0
last_payout2018-02-02 21:38:12
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_length139
author_reputation127,187,503,965
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
$0.09
We are not, some suggest another low before the rise, so be aware, but in my mind, everything below 11k is a great entry point.
πŸ‘  , ,
properties (23)
post_id28,311,993
authordrumsta
permlinkre-leserge-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t205355993z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:53:57
last_update2018-01-26 20:53:57
depth2
children1
net_rshares10,458,053,881
last_payout2018-02-02 20:53:57
cashout_time1969-12-31 23:59:59
total_payout_value0.078 SBD
curator_payout_value0.009 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length127
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@leserge ·
$0.09
110% on your side!
πŸ‘  ,
properties (23)
post_id28,323,466
authorleserge
permlinkre-drumsta-re-leserge-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t220527874z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 22:05:30
last_update2018-01-26 22:05:30
depth3
children0
net_rshares10,014,516,592
last_payout2018-02-02 22:05:30
cashout_time1969-12-31 23:59:59
total_payout_value0.088 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length18
author_reputation293,614,688,351
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@drumsta ·
check this out: 
https://steemit.com/bitcoin/@drumsta/crypto-market-cap-forming-head-and-shoulders-pattern-are-the-markets-going-do-go-down-further
properties (22)
post_id29,041,946
authordrumsta
permlinkre-leserge-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t231759153z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/bitcoin/@drumsta/crypto-market-cap-forming-head-and-shoulders-pattern-are-the-markets-going-do-go-down-further"], "tags": ["bitcoin"]}"
created2018-01-29 23:17:57
last_update2018-01-29 23:17:57
depth2
children0
net_rshares0
last_payout2018-02-05 23:17:57
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_length147
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@scottstevens ·
Interesting and very detailed analysis. Thanks for sharing. I hope your forecast is correct. I'm curious, are you equally as bullish on Bitcoin Cash and Ethereum?
properties (22)
post_id28,277,044
authorscottstevens
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t172618046z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:26:18
last_update2018-01-26 17:26:18
depth1
children2
net_rshares0
last_payout2018-02-02 17:26:18
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_length162
author_reputation25,638,280,156
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
Bitcoin Cash not so much, Ethereum will in my mind be bigger than Bitcoin.
πŸ‘  
properties (23)
post_id28,307,228
authordrumsta
permlinkre-scottstevens-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t202536782z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:25:36
last_update2018-01-26 20:25:36
depth2
children1
net_rshares551,372,111
last_payout2018-02-02 20:25:36
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_length74
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@scottstevens ·
Agreed! I'm heavy on Ethereum, mining and hodling... love Ethereum! All the best.
properties (22)
post_id28,313,793
authorscottstevens
permlinkre-drumsta-re-scottstevens-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t210432036z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 21:04:33
last_update2018-01-26 21:04:33
depth3
children0
net_rshares0
last_payout2018-02-02 21:04:33
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_length81
author_reputation25,638,280,156
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@vikisecrets · (edited)
Bitcoin will surge bigly it's just a matter of when.
properties (22)
post_id28,277,526
authorvikisecrets
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t172853090z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:28:54
last_update2018-01-26 17:29:09
depth1
children0
net_rshares0
last_payout2018-02-02 17:28:54
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_length52
author_reputation65,229,559,309,933
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@arisid ·
So, you can safely say, that it would start upward from now onwards...
properties (22)
post_id28,278,423
authorarisid
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t173356034z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:33:54
last_update2018-01-26 17:33:54
depth1
children0
net_rshares0
last_payout2018-02-02 17:33:54
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_length70
author_reputation84,896,324,612
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@envi.sage ·
Very nice TA. How do you think taxation and regulation will affect this prediction? It's obvious that we are entering a  market cap range that will force the IRS's hand.

Thank you for the post.
properties (22)
post_id28,280,378
authorenvi.sage
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t174528956z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 17:45:27
last_update2018-01-26 17:45:27
depth1
children1
net_rshares0
last_payout2018-02-02 17:45:27
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_length194
author_reputation624,533,236,333
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
I don't know, we will just have to wait and see :)
properties (22)
post_id28,306,136
authordrumsta
permlinkre-envisage-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t201902681z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:19:03
last_update2018-01-26 20:19:03
depth2
children0
net_rshares0
last_payout2018-02-02 20:19:03
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_length50
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ponts ·
$0.06
@haejin should follow you to learn how to properly use Elliot Waves to do a technical analysis.
πŸ‘  ,
properties (23)
post_id28,282,057
authorponts
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t175430340z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "users": ["haejin"], "tags": ["bitcoin"]}"
created2018-01-26 17:56:03
last_update2018-01-26 17:56:03
depth1
children1
net_rshares7,191,459,652
last_payout2018-02-02 17:56:03
cashout_time1969-12-31 23:59:59
total_payout_value0.053 SBD
curator_payout_value0.009 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length95
author_reputation601,019,951,191
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@drumsta ·
hahah funny to hear this because I've read the exact same book on Elliot Waves that he is recommending :)
properties (22)
post_id28,307,656
authordrumsta
permlinkre-ponts-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t202806545z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:28:06
last_update2018-01-26 20:28:06
depth2
children0
net_rshares0
last_payout2018-02-02 20:28:06
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_length105
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@builderofcastles ·
Nooooo!  I still haven't made lots of money to buy bitcoin, so that I can make lots of money, yet.

Very nice clear drawings on those charts.
And I agree with you on all those lines.

The only matter will be how much money is allowed to flow into bitcoin.  If there is ever a break in the dike hold back people from investing in cryptos, then we may miss this 40,000 US$ forecast.
It could be like, one day bitcoin is trading for 10s, and the next day 100s.
properties (22)
post_id28,284,381
authorbuilderofcastles
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t181004662z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 18:10:12
last_update2018-01-26 18:10:12
depth1
children3
net_rshares0
last_payout2018-02-02 18:10:12
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_length457
author_reputation24,609,971,519,844
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
It's highly unlikely that general public will somehow be prevented to participate in this market. Maybe in some countries, but not the whole world.
properties (22)
post_id28,311,293
authordrumsta
permlinkre-builderofcastles-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t204954700z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:49:54
last_update2018-01-26 20:49:54
depth2
children2
net_rshares0
last_payout2018-02-02 20:49:54
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_length147
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@builderofcastles ·
$0.03
I know people who would like to buy more cryptos, but can't, because there are bottle-necks in converting paper to crypto.  Banks only let you send so much money.  Exchanges only allow so much money.  And CCs only allow so much money.

So, right now, even before this next run-up, we are seeing a squeeze on capital flow.
Of course, ways around it are going to be found.

I feel one of the biggest will be exchanging physical property for cryptos.

bitcoin's price will be $40,000 or 1/3rd of a house.
πŸ‘  
properties (23)
post_id28,314,978
authorbuilderofcastles
permlinkre-drumsta-re-builderofcastles-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t211209573z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 21:12:18
last_update2018-01-26 21:12:18
depth3
children1
net_rshares4,141,225,163
last_payout2018-02-02 21:12:18
cashout_time1969-12-31 23:59:59
total_payout_value0.028 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length501
author_reputation24,609,971,519,844
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@stu-precious ·
$0.05
Thank you for this analysis! it does feel like we are getting close to the next wave upward. upvoted and resteemed
πŸ‘  ,
properties (23)
post_id28,286,879
authorstu-precious
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t182443487z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 18:24:33
last_update2018-01-26 18:24:33
depth1
children1
net_rshares6,173,109,110
last_payout2018-02-02 18:24:33
cashout_time1969-12-31 23:59:59
total_payout_value0.048 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length114
author_reputation214,343,891,436
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@drumsta ·
Thank you Stu very much appreciated :)
πŸ‘  
properties (23)
post_id28,340,816
authordrumsta
permlinkre-stu-precious-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t000137646z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 00:01:39
last_update2018-01-27 00:01:39
depth2
children0
net_rshares727,620,728
last_payout2018-02-03 00:01:39
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_length38
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@novacadian ·
An interesting post, @drumsta!

This is my forth major correction since being <A HREF="https://steemit.com/steemit/@novacadian/observations-of-a-fairly-noobish-steemer"> drawn</A> into the market. My first was the <A HREF="https://en.m.wikipedia.org/wiki/Mt._Gox"> Mt. Gox</A> correction, if memory serves. Doubled down after my second; <A HREF="http://www.coindesk.com/bitcoin-price-in-2015-doom-and-gloom-give-way-to-positive-years-end/">the correction</A> from the, then, $1500-ish all time high.

But this correction seems different because Bitcoin is different. At least <A HREF="https://en.m.wikipedia.org/wiki/Bitcoin_Cash"> Bitcoin Cash</A> is different with its expanded block size, while Bitcoin Core seems different in the realm of higher transaction fees and a slower validating network.

Not to suggest that BTC is going anywhere... just not sure what the privately patended <A HREF="https://youtu.be/rrr_zPmEiME">Lightning Network</A> will mean while moving forward.
properties (22)
post_id28,287,422
authornovacadian
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t182734747z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "users": ["drumsta"], "tags": ["bitcoin"]}"
created2018-01-26 18:27:36
last_update2018-01-26 18:27:36
depth1
children1
net_rshares0
last_payout2018-02-02 18:27:36
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_length980
author_reputation5,964,246,104,220
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
Bitcoin has the first mover advantage and is a brand for itself.
πŸ‘  
properties (23)
post_id28,306,947
authordrumsta
permlinkre-novacadian-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t202357808z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:23:57
last_update2018-01-26 20:23:57
depth2
children0
net_rshares385,849,506
last_payout2018-02-02 20:23:57
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_length64
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@bitcoinflood ·
Indeed it seemed like January was the month of alts and then everything just went heywire. There are some thing things happening with bitcoin this year and the first starting Feb 1st with the introduction of no fee trading for bitcoin on the robinhood app!
properties (22)
post_id28,287,424
authorbitcoinflood
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t182739071z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 18:27:36
last_update2018-01-26 18:27:36
depth1
children0
net_rshares0
last_payout2018-02-02 18:27:36
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_length256
author_reputation611,880,575,751,820
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@captainvapoor ·
I can't see this happening unless the transaction times and fees drop a ton. Bring on the lightning network (aka Jesus is coming). In the meantime alts like Stellar (XLM) and even Litecoin and Ethereum are offering faster and cheaper transactions. A rising tide floats all boats, but it might be time to start thinking of BTC as more of an anchor.
πŸ‘  ,
properties (23)
post_id28,291,656
authorcaptainvapoor
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t185242789z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 18:52:42
last_update2018-01-26 18:52:42
depth1
children1
net_rshares614,468,893
last_payout2018-02-02 18:52:42
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_length347
author_reputation71,522,789,527
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@drumsta ·
You are thinking on the fundamental level, and in that terms, I agree. But consider that cryptos are just now becoming mainstream and that people who heard of crypto only know Bitcoin. This price prediction mostly depends on the new money coming into the market.
πŸ‘  
properties (23)
post_id28,305,911
authordrumsta
permlinkre-captainvapoor-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t201747118z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:17:48
last_update2018-01-26 20:17:48
depth2
children0
net_rshares602,179,515
last_payout2018-02-02 20:17:48
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_length262
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@hakan8686 ·
Dostum sen çok yaşa. Seninle aynı fikirdeyim. Litecoin mayıs da kaç olur? Analiz yapar mısın?
properties (22)
post_id28,292,621
authorhakan8686
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t185820567z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 18:58:21
last_update2018-01-26 18:58:21
depth1
children0
net_rshares0
last_payout2018-02-02 18:58:21
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_length93
author_reputation659,005,271,928
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ssjsasha ·
Price can easily get to $100,000 by the end of 2018!
properties (22)
post_id28,294,778
authorssjsasha
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t191057570z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 19:10:54
last_update2018-01-26 19:10:54
depth1
children0
net_rshares0
last_payout2018-02-02 19:10:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length52
author_reputation55,377,498,415,088
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@mornevd ·
$7000 is the point for (2) you should readjust your graph please @drumsta
πŸ‘  
properties (23)
post_id28,298,317
authormornevd
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t193142364z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "users": ["drumsta"], "tags": ["bitcoin"]}"
created2018-01-26 19:31:42
last_update2018-01-26 19:31:42
depth1
children3
net_rshares1,127,894,300
last_payout2018-02-02 19:31:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length73
author_reputation-93,325,430,079
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@drumsta ·
Tone Vays also suggests the lower low to 7000$ but I don't believe that will happen, for the reasons and indicators stated in the text.
πŸ‘  
properties (23)
post_id28,305,521
authordrumsta
permlinkre-mornevd-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t201527000z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 20:15:27
last_update2018-01-26 20:15:27
depth2
children2
net_rshares1,069,921,409
last_payout2018-02-02 20:15:27
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_length135
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@tuvokhl ·
drop to 7k5 would have been textbook drop. But all have been waiting for this so it maybe dont happens like this drop to 5k never happend... only 5k4.
properties (22)
post_id28,984,071
authortuvokhl
permlinkre-drumsta-re-mornevd-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t172128215z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-29 17:21:27
last_update2018-01-29 17:21:27
depth3
children1
net_rshares0
last_payout2018-02-05 17:21:27
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_length150
author_reputation3,950,632,813,983
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@heliomp ·
Hey man! Great T.A. It's a very bold statement given the current situation, but I agree with you in the sense that it will rise sooner than people think.

I'll follow you so I dont lose the next one.

Keep up the great work and let's see if you are right, hope you are!!!!
properties (22)
post_id28,315,188
authorheliomp
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t211348473z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 21:13:51
last_update2018-01-26 21:13:51
depth1
children2
net_rshares0
last_payout2018-02-02 21:13:51
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_length272
author_reputation0
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
I rarely post TA done it once before, but maybe all start to do it more often.
properties (22)
post_id28,320,892
authordrumsta
permlinkre-heliomp-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t214946143z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 21:49:45
last_update2018-01-26 21:49:45
depth2
children0
net_rshares0
last_payout2018-02-02 21:49:45
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_length78
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
i've posted something new, check it out 
https://steemit.com/bitcoin/@drumsta/crypto-market-cap-forming-head-and-shoulders-pattern-are-the-markets-going-do-go-down-further
properties (22)
post_id29,042,421
authordrumsta
permlinkre-heliomp-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t232045585z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/bitcoin/@drumsta/crypto-market-cap-forming-head-and-shoulders-pattern-are-the-markets-going-do-go-down-further"], "tags": ["bitcoin"]}"
created2018-01-29 23:20:45
last_update2018-01-29 23:20:45
depth2
children0
net_rshares0
last_payout2018-02-05 23:20:45
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_length171
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@endless.drugs ·
I would say that is crazy, but as this technology is new you never know what might happen! Thanks for writing this post mate, it was fun to read it while sipping tea...
properties (22)
post_id28,318,503
authorendless.drugs
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t213437843z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 21:34:39
last_update2018-01-26 21:34:39
depth1
children1
net_rshares0
last_payout2018-02-02 21:34:39
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_length168
author_reputation32,359,365,692,962
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
I am following you now :)
properties (22)
post_id28,321,363
authordrumsta
permlinkre-endlessdrugs-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t215231729z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 21:52:30
last_update2018-01-26 21:52:30
depth2
children0
net_rshares0
last_payout2018-02-02 21:52:30
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_length25
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@greenstar · (edited)
$0.87
Interesting analysis. I’ve read quite a few other projections that this correction will finish in the $8000 area before it’s over. Hodling until then when I might load up further. Look forward to seeing you at $49k my friend! Roll on the darling buds of May...
πŸ‘  , , , , ,
properties (23)
post_id28,322,576
authorgreenstar
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t220013238z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 22:00:15
last_update2018-01-26 22:01:27
depth1
children3
net_rshares98,645,969,153
last_payout2018-02-02 22:00:15
cashout_time1969-12-31 23:59:59
total_payout_value0.860 SBD
curator_payout_value0.009 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length260
author_reputation786,240,761,729
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@drumsta ·
$0.15
Even if the price goes to 8k I'd expect it to be just a short bounce and a retest. If you exited the market, I would strongly suggest using dollar cost averaging for entry, just to be safe.
πŸ‘  
properties (23)
post_id28,724,986
authordrumsta
permlinkre-greenstar-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180128t155841338z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-28 15:58:42
last_update2018-01-28 15:58:42
depth2
children2
net_rshares18,654,889,055
last_payout2018-02-04 15:58:42
cashout_time1969-12-31 23:59:59
total_payout_value0.112 SBD
curator_payout_value0.036 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length189
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@greenstar ·
Agreed - it should bounce from there so should produce a good buying opportunity
properties (22)
post_id28,967,544
authorgreenstar
permlinkre-drumsta-re-greenstar-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t154252480z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-29 15:42:54
last_update2018-01-29 15:42:54
depth3
children1
net_rshares0
last_payout2018-02-05 15:42:54
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_length80
author_reputation786,240,761,729
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@lighteye · (edited)
@drumsta, имаш глас, Π°Π»ΠΈ свСт Π½Π΅ Π±ΠΈ Π±ΠΈΠΎ Π·Π°Π½ΠΈΠΌΡ™ΠΈΠ² ΠΊΠ°Π΄ Π±ΠΈ сС ΠΌΠΎΠ³Π°ΠΎ ΠΏΡ€Π΅Π΄Π²ΠΈΠ΄Π΅Ρ‚ΠΈ Π½Π° Ρ‚Π°Ρ˜ Π½Π°Ρ‡ΠΈΠ½ :)

Π Π°ΡˆΡ›Π΅ Π±ΠΈΡ‚ΠΊΠΎΠΈΠ½ свакако, свС Π΄ΠΎΠΊ ΠΏΠΎΡΡ‚ΠΎΡ˜Π΅ Ρ‚ΠΎΠ°Π»Π΅Ρ‚-Π²Π°Π»ΡƒΡ‚Π΅, Π°Π»ΠΈ ΠΎΠ²Π°ΠΊΠΎ ΠΏΡ€Π΅Ρ†ΠΈΠ·Π½Π° ΠΏΡ€Π΅Π΄Π²ΠΈΡ’Π°ΡšΠ° нису Π½ΠΈΡˆΡ‚Π° Π΄Ρ€ΡƒΠ³ΠΎ Π½Π΅Π³ΠΎ ΠΈΠ³Ρ€Π°. Π Π°ΡˆΡ›Π΅ Π½Π΅ Π·Π±ΠΎΠ³ Π•Π»ΠΈΠΎΡ‚Π°, Π½Π΅Π³ΠΎ Π·Π±ΠΎΠ³ Π°ΠΊΡ‚ΠΈΠ²Π°Ρ†ΠΈΡ˜Π΅ Π›Π°Ρ˜Ρ‚Π½ΠΈΠ½Π³ ΠΌΡ€Π΅ΠΆΠ΅. Колико? Π’ΠΈΠ΄ΠΈΠΌΠΎ сС Ρƒ ΠΌΠ°Ρ˜Ρƒ :)
properties (22)
post_id28,328,944
authorlighteye
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t224033657z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "users": ["drumsta"], "tags": ["bitcoin"]}"
created2018-01-26 22:41:00
last_update2018-01-26 22:42:00
depth1
children1
net_rshares0
last_payout2018-02-02 22:41:00
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_length291
author_reputation128,167,460,043,555
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
Naravno, slazem se u potpunosti. Doduse tehnicka analiza uvek bude opravdana neki katalizatorima ako li ne samo akcijom cene, ono na sta ja racunam da opravda ovu projekciju jeste ulaz novog kapitala na trziste, i generalni rast trzisne kapitalizacije.
properties (22)
post_id28,341,559
authordrumsta
permlinkre-lighteye-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t000627842z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 00:06:30
last_update2018-01-27 00:06:30
depth2
children0
net_rshares0
last_payout2018-02-03 00:06:30
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_length252
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@steelartworks ·
What if North Korea is in flames? What if the FED starts their own coin and demands you use it? What if Israel attacks Iran and drags US into it? What if walmart accepts Bit-coin?
properties (22)
post_id28,332,759
authorsteelartworks
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180126t230626627z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-26 23:06:27
last_update2018-01-26 23:06:27
depth1
children1
net_rshares0
last_payout2018-02-02 23:06:27
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_length179
author_reputation18,620,871,366
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
Then in my mind bitcoin will be over one million dollars as people will find it to be a safe haven running from unstable governments regimes :D
properties (22)
post_id28,342,056
authordrumsta
permlinkre-steelartworks-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t000954295z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 00:09:57
last_update2018-01-27 00:09:57
depth2
children0
net_rshares0
last_payout2018-02-03 00:09:57
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_length143
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@doccrypto ·
$0.55
I hope your right. I'd definitely like to see it test new highs by summer...
πŸ‘  
properties (23)
post_id28,348,359
authordoccrypto
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t005048704z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 00:51:18
last_update2018-01-27 00:51:18
depth1
children1
net_rshares63,034,289,480
last_payout2018-02-03 00:51:18
cashout_time1969-12-31 23:59:59
total_payout_value0.549 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length76
author_reputation1,000,000,000,000
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@eatdrink-n-bmary ·
Yes, me too. I've been hesitant to buy more even though it is low right now because I've been worried it's never going to grow as much as originally anticipated.
properties (22)
post_id29,253,371
authoreatdrink-n-bmary
permlinkre-doccrypto-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180130t193114830z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-30 19:31:15
last_update2018-01-30 19:31:15
depth2
children0
net_rshares0
last_payout2018-02-06 19:31:15
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_length161
author_reputation83,176,377,110
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@randr10 ·
I was thinking 45k but more like March timeframe.  I may be a bit rusty on the Elliott Wave analysis though.
properties (22)
post_id28,391,755
authorrandr10
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t054704358z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 05:47:06
last_update2018-01-27 05:47:06
depth1
children0
net_rshares0
last_payout2018-02-03 05:47:06
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_length108
author_reputation16,094,098,932,625
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@felix.herrmann ·
$0.04
more usage, less lambo!
πŸ‘  
properties (23)
post_id28,412,894
authorfelix.herrmann
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t081418435z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 08:14:15
last_update2018-01-27 08:14:15
depth1
children1
net_rshares4,873,410,026
last_payout2018-02-03 08:14:15
cashout_time1969-12-31 23:59:59
total_payout_value0.038 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length23
author_reputation34,851,559,982,476
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@drumsta · (edited)
I agree
properties (22)
post_id28,509,255
authordrumsta
permlinkre-felixherrmann-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t172601623z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 17:26:00
last_update2018-01-27 17:26:12
depth2
children0
net_rshares0
last_payout2018-02-03 17:26:00
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_length7
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@safetony ·
Well there certainly has been a lot of fud lately in the media. meanwhile the technology is still evolving and getting better while the price is going down, might not be the very bottom but I've certainly been buying this week
properties (22)
post_id28,435,191
authorsafetony
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t103907100z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 10:39:09
last_update2018-01-27 10:39:09
depth1
children0
net_rshares0
last_payout2018-02-03 10:39:09
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_length226
author_reputation282,560,279,254
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@skycornish ·
I sure hope so!  I need some green days again!
properties (22)
post_id28,549,134
authorskycornish
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180127t212359146z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-27 21:24:00
last_update2018-01-27 21:24:00
depth1
children0
net_rshares0
last_payout2018-02-03 21:24:00
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_length46
author_reputation2,171,034,208,886
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@veritas-society ·
The future is bright!
πŸ‘  
properties (23)
post_id28,606,679
authorveritas-society
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180128t040133658z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-28 04:01:33
last_update2018-01-28 04:01:33
depth1
children0
net_rshares559,197,794
last_payout2018-02-04 04:01:33
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_length21
author_reputation3,630,780,547
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@gerard1 ·
While I don't  understand all of your analysis that's what we need to clear some of the fuzzy thinking on Bitcoin. Thanks for this hope to see more in the future.
properties (22)
post_id28,721,292
authorgerard1
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180128t153902761z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-28 15:39:00
last_update2018-01-28 15:39:00
depth1
children0
net_rshares0
last_payout2018-02-04 15:39:00
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_length162
author_reputation3,130,080,850
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
$0.04
For anyone interested here is my new Technical Analisis, trading pair SALT/BTC 
https://steemit.com/money/@drumsta/ta-salt-btc-price-about-to-burst-to-new-highs-342-profit-potential
πŸ‘  
properties (23)
post_id28,730,724
authordrumsta
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180128t163037681z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/money/@drumsta/ta-salt-btc-price-about-to-burst-to-new-highs-342-profit-potential"], "tags": ["bitcoin"]}"
created2018-01-28 16:30:39
last_update2018-01-28 16:30:39
depth1
children0
net_rshares5,567,757,850
last_payout2018-02-04 16:30:39
cashout_time1969-12-31 23:59:59
total_payout_value0.044 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length181
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@thegreatcurrency ·
Novice in terms of TA, happy for any critiques anyone may have. I see the correction as mostly over as well maybe some meandering before the price drives higher. ![BTC bull flag.PNG](https://steemitimages.com/DQmRFRAtfxEeoFMQMbdAyyprBiV9NqLhujUKnkciPFKgdNS/BTC%20bull%20flag.PNG)  I had this correction as an ABCDE bull flag, the gold line is the 100 day MA and both RSI and MACD are starting to turn bullish.
properties (22)
post_id28,739,411
authorthegreatcurrency
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180128t172022657z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "image": ["https://steemitimages.com/DQmRFRAtfxEeoFMQMbdAyyprBiV9NqLhujUKnkciPFKgdNS/BTC%20bull%20flag.PNG"], "tags": ["bitcoin"]}"
created2018-01-28 17:20:27
last_update2018-01-28 17:20:27
depth1
children1
net_rshares0
last_payout2018-02-04 17:20:27
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_length409
author_reputation84,247,215,475
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@tuvokhl ·
no way we hit 20k the next 2 days how you draw it.
properties (22)
post_id29,009,421
authortuvokhl
permlinkre-thegreatcurrency-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t200212566z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-29 20:02:12
last_update2018-01-29 20:02:12
depth2
children0
net_rshares0
last_payout2018-02-05 20:02:12
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_length50
author_reputation3,950,632,813,983
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@weilii ·
Interesting analysis though I'm not normally into subjective TA but always curious what people think. Short term I'm bullish on BTC (and long term but it will have its ups and downs) as seen from my data below. I think that may be a little on the high side :) Check this out if it interests you: https://steemit.com/steem/@weilii/introducing-the-neux-oracle-steem-and-bitcoin-trade-signals Just started following you, would appreciate a follow back if my price analysis content interests you as well :)
πŸ‘  
properties (23)
post_id28,763,645
authorweilii
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180128t194011937z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/steem/@weilii/introducing-the-neux-oracle-steem-and-bitcoin-trade-signals"], "tags": ["bitcoin"]}"
created2018-01-28 19:40:12
last_update2018-01-28 19:40:12
depth1
children0
net_rshares531,515,488
last_payout2018-02-04 19:40:12
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_length502
author_reputation13,386,488,420
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@lastline ·
Looks pretty much bang on with the Chinese New Year, CME futures rollovers, extremely overbought conditions, Wallstreet accumulation and seasonals.  This is a textbook correction pattern and really good buying opportunity all the way down to 8000.  

If prices crash to 8000 and the CME futures are halted.  The perfect bear trap would a sharp bounce off the lows thus trapping all the shorts to cover when the futures are reopened.   Such a move will be absolutely spectacular! Just a hunch and I'll be watching closely.
properties (22)
post_id28,764,452
authorlastline
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180128t194443965z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-28 19:44:42
last_update2018-01-28 19:44:42
depth1
children1
net_rshares0
last_payout2018-02-04 19:44:42
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_length521
author_reputation0
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
check this new post making the opposite argument https://steemit.com/bitcoin/@drumsta/crypto-market-cap-forming-head-and-shoulders-pattern-are-the-markets-going-do-go-down-further
properties (22)
post_id29,043,220
authordrumsta
permlinkre-lastline-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t232534604z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/bitcoin/@drumsta/crypto-market-cap-forming-head-and-shoulders-pattern-are-the-markets-going-do-go-down-further"], "tags": ["bitcoin"]}"
created2018-01-29 23:25:33
last_update2018-01-29 23:25:33
depth2
children0
net_rshares0
last_payout2018-02-05 23:25:33
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_length179
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@tuvokhl · (edited)
I am also bullish the next days... "safe" long entry was at 11698 finex. (tone canceled this already)
I dont like elliot-wave to much. The arrows you draw into the future are just random but maybe right. 
Okay if you see pattern of solved correction in the past. 
Its useful for buy and hodl. So just buy now average cost styl.
But as participant in the "long army" i cant see buy and sells.
Why you dont use log scale?
50k will be there in 2018 but may is i bit early i guess :-)
properties (22)
post_id28,983,083
authortuvokhl
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t171514405z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-29 17:15:15
last_update2018-01-29 18:26:39
depth1
children2
net_rshares0
last_payout2018-02-05 17:15:15
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_length480
author_reputation3,950,632,813,983
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@drumsta ·
predicting timeframe is very problematic, and it doesn't matter the price target is important.
properties (22)
post_id29,043,526
authordrumsta
permlinkre-tuvokhl-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t232737898z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-29 23:27:36
last_update2018-01-29 23:27:36
depth2
children1
net_rshares0
last_payout2018-02-05 23:27:36
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_length94
author_reputation1,668,100,537,200
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@tuvokhl ·
Time is more important for Tom Demark traders. You all talk down time... Your arrows are quite ok, but when i see other drawing an arrow to 20k within 2 days at current price level then they just know nothing about momentum.
properties (22)
post_id29,045,527
authortuvokhl
permlinkre-drumsta-re-tuvokhl-re-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180129t234021871z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-29 23:40:21
last_update2018-01-29 23:40:21
depth3
children0
net_rshares0
last_payout2018-02-05 23:40:21
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_length224
author_reputation3,950,632,813,983
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@martinf · (edited)
Very good analysis. I think your 49k by end of May is alittle steep. maybe by end of year. A correction is meant to take the wind of the sails and i think it only starting to do that in the last week.

People are only now questioning crypto in general, people are only now realising that only 3-4 of the top 10 have a working product. It would be funny if some people didnt have there life saving in them.

Now is the time to really study the coins you are investing in.. checking there Github. Are the projects you have invested 1000s in actually working on there projects. Yes you can do that. 

I have been shocked at what i have found. I will not mention any names cause im not here to spread FUD but i was shocked at some coins that havent done any programming in months. Yet there price keeps rising, where is that money going i wonder?
properties (22)
post_id29,057,308
authormartinf
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180130t005141689z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2018-01-30 00:51:42
last_update2018-01-30 00:54:57
depth1
children0
net_rshares0
last_payout2018-02-06 00:51:42
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_length842
author_reputation9,672,874,554
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@fakeinternetnews ·
Yes, I think it is funny that people poo poo Bitcoin and all cryptocurrencies. Then if you ask them to explain why, not one of them has an original thought on the mechanics of their answer. They are just parroting what MSM talking heads have to say. And as we know, these MSM clowns are beholden to their fiat currency creating masters and the petro-dollar. 

What a bunch of kooks! 

This is a great time to be alive. And it's great to be a part of Steemit, Dtube and Busy. I feel every post and every time I generate steem, I am engaging in battle against "The Borg" so to speak. Suppose "Death by 1000 cuts" also works on them. 

(By The Borg, I do not mean the emerging weirdness that is cyborg potentiality, I mean people who 100% buy into the "machine" as described in Pink Floyd's The Machine. If you haven't heard that song, for the love of GOD, stop listening to hip hop and listen to a band play instruments). 
properties (22)
post_id29,484,627
authorfakeinternetnews
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180131t173730463z
categorybitcoin
json_metadata"{"app": "busy/2.3.0", "community": "busy", "tags": ["bitcoin"]}"
created2018-01-31 17:37:30
last_update2018-01-31 17:37:30
depth1
children0
net_rshares0
last_payout2018-02-07 17:37:30
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_length920
author_reputation3,566,335,710,012
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@cryptomoneyteam ·
Great analysis i think $9k -$12K i think @greenstar could be pretty close but either way it leave the curtain open for the next Altcoin to take The Stage. Its very cool to see how things play out. Privacy Coins are the New Sexy!#Ethos  #Verge #Cloak #MoinCoin just a few Bags i think will be fun to watch.
properties (22)
post_id29,838,683
authorcryptomoneyteam
permlinkre-drumsta-ta-bitcoin-correction-is-over-price-projection-49225usd-by-may-20180202t053153436z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "users": ["greenstar"], "tags": ["bitcoin", "verge", "cloak", "moincoin"]}"
created2018-02-02 05:26:51
last_update2018-02-02 05:26:51
depth1
children0
net_rshares0
last_payout2018-02-09 05:26:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length305
author_reputation32,692,222,381
root_title"TA: Bitcoin Correction Is Over, Price Projection 49225$ By May"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000