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!!!
would you please post and update to this chart? how is the chart now looking? thanks
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?

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