My next price range to pick up more sats at a discount is between 78,752 and 87,015 before the end of March, 2025.
Global liquidity - a prerequisite to sustain bull runs it looks like - is still low, but it seems to be picking back up. I'd like to see this get closer to price and even cross to sustain the next bull run.
Let us see what happens. But, it looks like a typical C wave down.
Want what #bitcoin wants to do. 
Love me some fibs
Some institutional head fund managers taught me that during my 1 on 1’s
I was coached by Justine Williams, who is the daughter of the legendary Bill Williams. I understand Elliot waves more than most I will say. Many dismiss EW, but when you have a simple approach and a clear picture of what’s going on, you can make better predictions. Less is more. Fundamentals only.
Yea I respect EW. One of the best traders I know would trade using it but naked chart. No emas or nothing. I would often trade that way - supply and demand only but it’s like legacy social media accounts, indicators entice you.
Not sure who those people you mentioned are but it sounds like good hands. 🙌🏽
Much love brother and happy wealth building.
not bad although I feel 78,000 is a far reach
👀👀👀👀
This is why I don’t listen to anybody here. I’m the only one that truly understand Elliot waves and I’ll fight about it
i agree with you bro
87 is a good catch
Longed #btc at 88k and got liquidated within an hour
no leverage no problem
well I had to leverage
don’t have enough cash to own some btc
hmu for some gigs I’m a web dev
What did you leverage with?
Also what's your area of expertise/stack? (Re web dev)
had an open trade on bybit
margin 10x
for web dev major in node js, code web + extensive knowledge in wordpress
btcusd perpetuals
I have no idea what that is.
they are available on CEX
perpetuals and derivatives
Is there USD of yours "somewhere" in that stack of perpetuals and derivatives?
If so, you can just use that USD to buy whatever amount of BTC it will get you, without any risk of being "liquidated".
I don't believe that you can do those leveraged things but also "not have cash to buy BTC". If there's a way for you to be liquidated, there's a way for you to just buy.
due to that I need to make money and start buying $10-$50 worth of btc daily
but where can I get such kind of cash on a daily basis?
I don't know anyone named Elliott IRL, but if I did, I'd leave at him. No need to fight.
🚶🏿♂️🚶🏿♂️😭😭
Alright, so let's really dig into Elliott Wave. We're not just talking about the basic 5 waves up, 3 waves down thing anymore. We're going deep.
First off, Fibonacci. It's not just about the wave count, it's about the size of the waves too. You'll see those Fibonacci ratios popping up everywhere – 1.618, 0.618, all that. Wave 3 is often 1.618 times wave 1, stuff like that. Knowing those ratios is key for figuring out where prices might go.
Then there's wave personality. Each wave has its own vibe. Wave 1 is kinda hesitant, wave 3 is the big, strong one, wave 5 can be a bit of a letdown sometimes. Knowing these "personalities" helps you spot the patterns.
Now, things get complex. Those 5-3 waves? They can be made up of smaller 5-3 waves. It's like fractals, patterns within patterns. And sometimes, one of those impulse waves, usually wave 3, just goes nuts and extends way beyond the others. We gotta know how to spot those extensions.
And don't forget about alternation. If wave 2 is a sharp zigzag, wave 4 will probably be something different, like a triangle or a flat. It's all about keeping an eye on the patterns and how they change.
Speaking of patterns, there are more than just the basic ones. You've got zigzags, flats, triangles, double and triple combos – it gets complicated. But you have to understand these to really get Elliott Wave.
We can't just look at Elliott Wave in isolation either. It works best when you combine it with other tools like RSI, MACD, and volume. Divergences are especially useful when paired with Elliott Wave.
Now, here's the thing: Elliott Wave is hard. It's subjective. One person might see a pattern, and another sees something completely different. Plus, the market doesn't always cooperate. So, we need to talk about risk management, using probabilities, and looking at multiple timeframes to get a clearer picture.
And for the real deep dive, there's Adaptive Elliott Wave. That's where you start thinking about how the market changes and how the patterns adapt. It gets into chaos theory and complexity science.
So, yeah, there's a lot to unpack. We need to look at those specific Fibonacci ratios, the rules for identifying waves, all those different corrective patterns, how to use it with other indicators, and how to manage risk. And we should definitely look at some real-world examples to see how it all plays out. It's a journey, but if you really want to master this, that's the path.
