1. Either Wave 2 ended Jan 2015 and we are currently in a Wave 3 up, OR 2. We are completing the B wave of an irregular 2 and price will come crashing down shortly.
I suspect the latter...
[NOTE: A running wave count key indicating color labels and current wave count for each level is on the right]
for real ?? Seriously mate ?? you must be kidding us BTC to 200 .. you know Bitcoin is on high demand with less supply which means it's getting expensive more and more
Maybe a correction to 1200 but hell no to 200
Thanks for sharing +
Unapologetic_Capitalist
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@istatmir, If Bitcoin can go from $1160 to $150 then anything is possible. That said, I'm a long-term Bitcoin bull and believe the price will eventually sky-rocket but my EW count (which could be wrong) indicates a major correction incoming.
Re Ethereum tech, I think it has some serious possibilities especially with the Solidity programming language they create. Rice University in Houston recently held a two-day blockchain conference, which I attended, and a lot of the speakers were talking about doing interesting things with Ethereum.
Re Ethereum price, I haven't done any Ether wave counts so I can't really say anything but I think all the cryptocoins are subservient to Bitcoin, so when Bitcoin rises they rise and when Bitcoin falls, they fall.
thanks for sharing this bold forecast. Ive been thinking the $162 bottom in January 2015 was possibly the bottom of wave 4, and that we've been in a wave 5 since.
I should add that there is a slack channel, a private one that's been going on for the past 8 weeks. Craight Wright, from nChain, suspected to be one of the Satoshi team, has poked holes at SegWit, and there is a plan underway to hard fork. This has not been mentioned anywhere publicly on media. But to me, it seems like the kind of event that could trigger an unexpected downturn. And its the only case, a black swan event, where i could see such a huge drop.