BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
i have included the minimum target for wave 5. wave 5 is required to be larger than wave 3 in an expanding diagonal (minimum target is 333.83). i have also included a less likely target for an extended wave 5 (508)
If we only touch the minimum target, then are we still on time for 28k by March 27th?
rivet.popper rivet.popper
And BTW, is 28k a minimum or maximum target?
user100000 rivet.popper
it is my estimate on a semilog chart. we should look at the wave structure once the markets moves towards 3000
user100000 rivet.popper
there is enough time for btc to explode higher. remember what happened during the cyprus crisis 35-->260? that was just cyprus
+2 Reply
rivet.popper user100000
Does the wave calculation have a max price though? What can we realistically say?
user100000 rivet.popper
as long as markets stay below the 1-3 connecting line it can move much higher but requires more time. eg take a look at the extended wave 5 target on the chart
+1 Reply
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