user100000
Long

diagonal update

BITFINEX:BTCUSD   Bitcoin / 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?
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rivet.popper rivet.popper
And BTW, is 28k a minimum or maximum target?
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user100000 rivet.popper
it is my estimate on a semilog chart. we should look at the wave structure once the markets moves towards 3000
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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?
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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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