This report cited $512 as a target price if ETF was rejected

$3678 if approved

weighted average expected price $1645

Wanted to offer my encouragement to your updates on this thread.
Keep em coming.

source: http://humbletraders.com/elliott-wave/

The above example is a perfect realtime example. In a zig zag correction we expect to see wave ‘a’ unfold in 5 waves – got it. wave ‘b’ trace out 3 waves – got it again. and then wave ‘c’ complete another 5 waves down, perfect form! - See more at: http://humbletraders.com/elliott-wave/#sthash.72MHoenm.dpuf

i fully agree. The patern from 01-06-2016 till 01-08-2016 is exact the same as 01-12-2016 till 01-03-2017. Very interesting ! Thanks again.

Central Bank of Nigeria Says ‘We Can’t Stop Bitcoin’

https://news.bitcoin.com/central-bank-of-nigeria-says-we-cant-stop-bitcoin/

TA doesn't apply to Bitcoin when the gates open for the flood, imo. Either way, I have 3 different alarms set for this week, and ready to offload or accumulate, according to the SEC decision(immediately). Great opportunity for a trade.

A simple version of why the decision will come by Saturday, despite some believing it could be on Monday: The date for the decision has been noted and repeatedly published as March 11th, regardless of what people seem to believe about the SEC having the ability to wait until Monday. For this reason and this reason alone, even if the SEC could wait until Monday, a "no decision" by the end of the 11th and tons of people will assume a tacit approval and buy. Then you're telling me they're really gonna come out on Monday, two days later, and say "oh sorry, when we said the 11th you should have realized it was a Saturday and that we really mean't the 13th. Also, sorry for all those that bought on Saturday night and Sunday thinking we approved it, but nah, we're not going to approve it...". Yeah. I don't see the SEC doing that. If there's ONE way to fuck the people over big time, it would be that (lead them to believe it's approved and then pull the rug out), and it's antithesis to the SEC's goals as a regulatory agency. They say the 11th, I'm taking them at their word. If I'm wrong, I'll eat my socks.

Also, it kind of doesn't matter. Only once in the last two years has a rule change been outright rejected, otherwise they're always allowed a withdrawal, and on average this withdrawal is a few days before the printed deadline. We make it to Friday night anyways without a withdrawal, and I don't care whether it's Saturday or Monday, the approval is coming. No way do they reject it or allow it to be withdrawn on Monday, two days after the date they specify as the decision date. Even Saturday would be ridiculous as a date of withdrawal or rejection. They obviously know by now what the decision is. They won't toy with the public like that. The only rational decision that could come on Monday (that doesn't fuck over pretty much every investor in the underlying, not to mention leverage traders) is an approval.

TLDR; even if they can wait until Monday, they won't. We make it to Friday night without a withdrawal and I think we're good. Odds start drastically increasing in favor of approval vs withdrawal as the week goes on.

source: https://www.reddit.com/r/BitcoinMarkets/comments/5xl1hv/daily_discussion_sunday_march_05_2017/dejtmga/

This is what I'm watching. The upper and lower lines are obviously the long-term support and resistance from 2015 that we all know and love. Then there's the channel that the price has been in since the dump to $735 and finally the short-term support line since the breakout from $1050 on February 20. That line obviously proved itself relevant earlier today when the price was lurking around the $1250s and eventually bounced up.

I can't help but think that $1300 will be broken tomorrow or Tuesday but then what? We've got long-term resistance, short-term resistance, the whole ETF deal, jeez... I'd love to go long here but there's too much uncertainty and I'm too emotional. The path will be clearer when either a) the SEC has announced their decision or b) the resistance has been broken.

Either way, we're in for a very exciting week!
https://www.reddit.com/r/BitcoinMarkets/comments/5xl1hv/daily_discussion_sunday_march_05_2017/dejjsal/