I think all is good here with Bitcoin. Why?
Never can be sure, but it more than likely has thrown us a marker, to let us know where it is at. When waves start extending it becomes difficult to assimilate, easy to get half or more lost.
I am sticking with this. Patience. Keeping an eye on The Cuban. Don't think he is buying yet, last I recall he wanted it to drop below 10 K. He seems to be pretty good at this stuff.
Bitcoin will see a million in our life times, unless they are shortened. Not only me saying that.
Tweets
Current target area the box, subject to possible change. Wave 3 was longer in time than Wave 1, and we have to track it on down. But it seems likely that Wave 5 will be a fully extended wave, longer in time than Wave 3. Very good hit on the long term time cycle.
There has been a bit of consistency on the drop down, a little less than 6 months, from major low to next major low. The next major long term cycle low as I have it is a bit over 18 months out. So if we have a 5th that subdivides fully into a fiver, this adds up.
Personally I would like to see a real gut wrencher to the end. Should make it all that more explosive out of the hole.
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