user100000
Long

Primary wave 3 of Cycle wave III underway

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I believe we have a couple of months (maybe 3) before making a wave 3 high possibly around 4700 (rough estimate based on slope and channel width of Cycle I (orange channel)) before the cycle lows gravitational pull kicks in by late august/sep
this is truly an amazing chart!!!
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would you please post and update to this chart? how is the chart now looking? thanks
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What do you think about price limitations given too high a price would cause bitcoin miners to use a very large percentage of world energy during these eras?

https://bitcointalk.org/index.php?topic=694401.msg9186092#msg9186092

The above post explains this concept in greater detail. e.g. $10k max price until 2020 under several assumptions.
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Spot on. Nice work.
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