Yes, a bitcoin will be worth US $1,000,000 within 5 years Yes, because the quote from the past was by 2030 bitcoin will go to $1,000,000 The time is getting closer now.... bitcoin may even go to US $1,000,000 much sooner
Not yet, they transferred a test amount to Coinbase possibly for selling the whole later on. https://www.reddit.com/media?url=ht...bp&s=ac27e0da62ff0c24dd033af007bc248ce55c643a
Yeah that video was a little confusing. I got that they had transferred the coin but then the guy blamed this weeks drop on it. I guess he’s saying the drop was from selling the news and not actually from a liquidation.
The drop happened because we started an ABC correction on Mar24. The drop was inevitable and measurable. It doesn't surprise me that the news starts coming out that facilitates the drop, but that's why I keep telling you guys that the market is determined not random, and does not just react to random events.
I believe that EW has some merit but there is always a fundamental reason for a move. We just don’t find out what the reason is until afterwards. EW can tell you something’s coming but it can’t tell you what’s coming. It’s always interesting to find out what actions caused prices to move.
Guess I see EW things differently. Correction for me confirmed only once it traded below but more importantly closed below March 20th closing price, which happened on April 2nd. But what price move predicted what news?
The chart ABC was measurable since (A) which is technically 4 unless an ABC correction confirms at (B), which coincidentally is around the date of the post in the link. So its a bit a chicken and the egg thing, but essentially you can expect the move to (C) and the news will be inconsequential or even more interesting determined.
That's where we are now. Drawn in hindsight. Are you expecting C to be lower than 65 or have we already hit C