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Bitcoin Major Bull Market Fib extensions for the 5th wave

Long
BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
The Fib extension tool is excellent in projecting the 5th intermediate wave for Bitcoin in its bull markets.

First bull market 2011-13: Using the Fib extension tool to extend from intermediate waves (2), (3) and (4) yields the 4.236 extension at $910. Bitcoin went well beyond that to top at $1177 in Nov 2013.

Second bull market 2015-17: Using the Fib extension tool to extend from intermediate waves (2), (3), and (4) yields the 4.236 extension at $13811. Bitcoin went well beyond that to top at $19764 in Dec 2017.

Third bull market 2018-?: Using the Fib extension tool to extend from intermediate waves (2), (3), and (4) yields th 4.236 extension at about $288,000. Bitcoin may again go well beyond that to top in Ken Standfield's $288K to $486 range by May 25, 2022.
Comment: meant $486K

Comments

Bo time is 3 year. 11-13, 15-17, if we relate to last bull market you cant ignore time duration too.
so 2018-2020 3 year is over already.
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