@a.shevelev002, If wave 5 is an ending diagonal triangle, then wave 3 is usually extended
UnknownUnicorn1214109
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You are absolutely dreaming with this chart... nice try.
SoonicTM
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Bravo, finally someone is looking at this from correct perspective: its 5 year run, and it will require adequate correction (time and targets). It has nothing to do with 2017/18 bubble, it was just final push.
As always nobody knows where the bottom is, TA can only give some clues, its never exact science. But we are far away from capitulation for sure, and I wont be surprised with 3 digits BTC price at all. It may take another 2-3 (at least) years to get to spring phase and next run too. And it might be no BTC anymore at all :) Just saying...
SoonicTM
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@SoonicTM, I'm doubting in BTC being still a biggest player next run mainly due to the reason of huge accumulation by just few players. It's ill market already and as such is hugely sensitive to manipulation. We won't get 'smart' money interested in such market, unless it can buy big chunks of it at enormous discount (talking low 3 digits or even 2).
SoonicTM
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@SoonicTM, And nobody give monkeys about mining costs. If you were smart enough you would at gold, silver and other 'real world' commodities and their production costs vs market cost.