Sep 2nd, 2017 Bitcoin was $4980. An ABC correction ensued for 13 days until Sep 15th, 2017 when Bitcoin bottomed at $2975, a 40% correction.
Sep 7, 2021 Bitcoin topped at $52945. Another 13 days correction would be a bottom on Sep 20th and that would roughly correlate to Bob Loukas' right translated 60 day cycle.
What followed the $2975 bottom on 9/15/17 was a 3 month move to $19892, a 569% increase. If $42830 was the bottom, then another 569% increase in 3 months would take BTC to $282,250 by the end of December. I'm expecting at least 1/2 of that to $140K by the end of December to coincide with the top of the Bitcoin log growth curves which it has hit 3 cycles before in June 2011, Nov 2013, and Dec 2017.
Sep 7, 2021 Bitcoin topped at $52945. Another 13 days correction would be a bottom on Sep 20th and that would roughly correlate to Bob Loukas' right translated 60 day cycle.
What followed the $2975 bottom on 9/15/17 was a 3 month move to $19892, a 569% increase. If $42830 was the bottom, then another 569% increase in 3 months would take BTC to $282,250 by the end of December. I'm expecting at least 1/2 of that to $140K by the end of December to coincide with the top of the Bitcoin log growth curves which it has hit 3 cycles before in June 2011, Nov 2013, and Dec 2017.