Crypto Contest January 14: Bitcoin

avatar

Crypto Contest January 14: Bitcoin

Bitcoin (Bitstamp: BTCUSD) has broken out of the triangle pattern in the daily chart.
nimet-n.png
(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, BTC began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June 2019, and the red wave two (blue sub-waves a-b-c) correction ended in December 2019. If this wave count is correct, BTC should be heading next towards the June 2019 peak in the red wave three.
nimet-n2.png
(Chart courtesy of Tradingview.com (log scale))

Zooming out in the monthly chart, I believe BTC is currently in the red wave three (blue sub-wave iii). The blue sub-wave three began in December 2018.
nimet-n3.png
(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Ivan on Tech covered some of the reasons for the current price surge.

(Sources: https://bitcoin.org/en/)

How Will Bitcoin Trade?

Bitcoin (Bitstamp: BTCUSD) daily chart by Tradingview.
nimet-n4.png
(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices.

  • BTC will takeout the October 2019 peak
  • BTC will drop below the December 2019 low
  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19

Answer the question at dpoll.xyz.

dpoll poll dpoll contest steemleo palnet bitcoin
0
0
0.000
82 comments
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will takeout the October 2019 peak
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Hi, @maarnio!

You just got a 0.37% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will takeout the October 2019 peak

!trdo

0
0
0.000
Reply
avatar

Voted for

  • BTC will takeout the October 2019 peak
0
0
0.000
Reply
avatar

$rewarding 50

0
0
0.000
Reply
avatar

The reward of this comment goes 100 % to the author loboroy. This is done by setting the beneficiaries of this comment to 100 %.

0
0
0.000
Reply
avatar

The reward of this comment goes 100 % to the author loboroy. This is done by setting the beneficiaries of this comment to 100 %.

0
0
0.000
Reply
avatar

Voted for

  • BTC will takeout the October 2019 peak
0
0
0.000
Reply
avatar

$rewarding 50

0
0
0.000
Reply
avatar

The reward of this comment goes 100 % to the author livarza. This is done by setting the beneficiaries of this comment to 100 %.

0
0
0.000
Reply
avatar

The reward of this comment goes 100 % to the author livarza. This is done by setting the beneficiaries of this comment to 100 %.

0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19

!shop
$trdo

0
0
0.000
Reply
avatar

Voted for

  • BTC will takeout the October 2019 peak
0
0
0.000
Reply
avatar

$rewarding 50

0
0
0.000
Reply
avatar

The reward of this comment goes 100 % to the author nuvenea. This is done by setting the beneficiaries of this comment to 100 %.

0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will takeout the October 2019 peak
0
0
0.000
Reply
avatar

$rewarding 50

0
0
0.000
Reply
avatar

The reward of this comment goes 100 % to the author olotrou. This is done by setting the beneficiaries of this comment to 100 %.

0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19

0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Hi @maarnio!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.901 which ranks you at #1288 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 93 contributions, your post is ranked at #23.

Evaluation of your UA score:
  • Some people are already following you, keep going!
  • The readers like your work!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar

Voted for

  • BTC will drop below the December 2019 low
0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19

!trdo

0
0
0.000
Reply
avatar

Voted for

  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply
avatar
  • BTC will stay in a trading range between the December 2019 low and the October 2019 peak until February 19
0
0
0.000
Reply