ItsShowtime

Bitcoin Pitchforks to rule them all!

Long
ItsShowtime Updated   
COINBASE:BTCUSD   Bitcoin
Another reason to believe that our newest EW starts at 8185 instead of 8106 is the new smaller time frame shiff pitchfork I just drew that's already proving itself to be very useful with a perfect hit on the lower band bottom and top before taking of. This means >50% of current bots, traders, wales are agreeing to have this new count start at 8106 with pivots of importance at 9944 and 9120.

To get an EW count out of this I had to go with either a very big 1 or a very deep 4 and I chose the first as you can see on the chart. The reason for that is that I would really like to finish the 5 at the top of the big long term pitchfork that has been proven very worthy over time. If I went with 1234 already in, we would have far too much extension into the 5 to get all the way up there.

Keep in mind that the bullish count is never 100% guaranteed! This only proofs it has some capital behind it to say the least.
Comment:
To address any suspision of the huge 1 wave:
Comment:
Comment:
Just to proof to you how badly this market can be manipulated int he short term. This is literally a whale that put in and took out the EXACT same amount of money.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.