
So, it looks like Bitcoin took a major dump the last couple of days, apparently due to a Mt Gox trustee dumping a load.
Can anyone tell me which Elliot Wave predicted it ? Was it something in the Ichimoku cloud that we all overlooked ? Perhaps there was some 'death cross' going on somewhere, where the 48.3 day moving average crossed the 197.57 ?
This is going to sound crazy, but to me it's looks almost like price is dictated by news, economics and supply and demand !
What a crazy notion, especially when us experts know that price really moves because of imaginary lines of historical data, pulled out of someone's ass.
Kek.