Projection - 4145 - 1/26/2017 this is 60% of the below projection of 6906 using the percentage based approach of 3 of (1) to 3 of (3). this is also the trend line on week ending Mercury in Retrograde of 1/8 of the lows of 4 of (1).
9/28/2016 - a to b - 198.1 to 778 -> 2.9
11/21/2011 - a to b - 2.3 to 16.4 -> 6.3
factor = 2.9/6.3 = .5
3 of (1) was - 12.9 to 259.3 -> 19.1
19.1 * .5 = 8.9
Projection = (8.9 * 778) = 6706
Comments
oaksacorn
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Since the rule is that wave 3 cannot be the smallest, I would expect wave (5) down the road will be the smallest wave in this larger 5 wave sequence.
makemoney666
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@oaksacorn, The rapid rise in the price of time is very short, the target is about how much?
makemoney666
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@oaksacorn, From 8000 to 900 should be (3) and (4), you can refer to MT GOX