Elliot Waves for Bitcoin since this bull market started on 12/15/18:
(0) $3129 12/15/19
(1) $13868 6/26/19
(2) $3858 3/13/20
(3) $64899 4/14/21
A $28800 6/22/21
B $69000 11/10/21
1 $53533 11/26/21
2 $59250 11/30/21
3 $42333 12/4/21
4 $52100 12/27/21
i $45650 12/31/21
ii $47990 1/2/22
iii $42500 1/5/22
iv $44600? 1/7/22?
(4) C 5 v $39150? 1/10/22 to 1/15/22?
Notes:
1. My guess is subwave iv will go up about $2100 similar to the $2340 up move in wave ii. Subwave v cannot exceed the -$5450 move subwave i made to be in line with Elliot Wave principles.
Once minuette wave v is complete; that should complete minute wave 5 of minor wave C and complete intermediate wave (4).
2. If you think the $61000 move Bitcoin made in intermediate wave (3) was amazing from 3/13/20 to 4/14/21, then just wait what happens when this intermediate wave (4) completes in a few days a few $thousand dollars below the present price.
3. I am projecting intermediate wave (5) and the completion of this 4 year bull cycle to end near the end of this year at about $230,000. Bitcoin follows the Pareto Principle and makes 80% to 90% of its total price move in about 20% of the total bull cycle time.
(0) $3129 12/15/19
(1) $13868 6/26/19
(2) $3858 3/13/20
(3) $64899 4/14/21
A $28800 6/22/21
B $69000 11/10/21
1 $53533 11/26/21
2 $59250 11/30/21
3 $42333 12/4/21
4 $52100 12/27/21
i $45650 12/31/21
ii $47990 1/2/22
iii $42500 1/5/22
iv $44600? 1/7/22?
(4) C 5 v $39150? 1/10/22 to 1/15/22?
Notes:
1. My guess is subwave iv will go up about $2100 similar to the $2340 up move in wave ii. Subwave v cannot exceed the -$5450 move subwave i made to be in line with Elliot Wave principles.
Once minuette wave v is complete; that should complete minute wave 5 of minor wave C and complete intermediate wave (4).
2. If you think the $61000 move Bitcoin made in intermediate wave (3) was amazing from 3/13/20 to 4/14/21, then just wait what happens when this intermediate wave (4) completes in a few days a few $thousand dollars below the present price.
3. I am projecting intermediate wave (5) and the completion of this 4 year bull cycle to end near the end of this year at about $230,000. Bitcoin follows the Pareto Principle and makes 80% to 90% of its total price move in about 20% of the total bull cycle time.