BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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the agressive retracement of wave ((i)) has the personality of a wave "two" (deep retracement). i have relabeled wave 4 as a wxy correction. it makes more sense now with wave y as a triangle and is even more bullish than previous count because of the length of wave ((i)). the ideal target seems more within reach. i updated the minimum wave 5 target to 340.61 and the ideal target to 416.49 because of the new wave 4 position at wave e of the triangle.
cool chart
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asd asd asd asd asd
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You've pushed the target forward now several times. At what point do you just have to call it a recount?
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rivet.popper rivet.popper
Also, in your last update you had the target arriving around March 5th. Now you've pulled it back to Feb 20th. Can you please explain?
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user100000 rivet.popper
please ignore the time aspect. im expecting two impulse waves (a&c) to unfold upwards seperated by a correction (b). that will be wave 5 of this expanding diagonal. ewp has no sense of time. you'll have to study hurst cycles for a better sense of timing
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rivet.popper user100000
Ok, so should we assume your charts are not accurate with regards to the timetables they represent? You are basically saying "we'll go up, but don't ask when"? I'm confused, especially after all the stuff you posted about being at 28k by March 27th.
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user100000 rivet.popper
march 27 is important. we should watch how the market behave going into this time period. it could mark the top of this diagonal pattern or something even crazier
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