BITSTAMP:BTCUSD   Bitcoin / Dollar
655 7 10
BTCUSD             recent cycle low is already in at label "I". It was 13 week perfect cycle duration. The window has already passed by 4 weeks so that was the "low". That's one good reason we are moving up. The next cycle low should be on the week of July 6 which may be my green (b) wave.
It won't happen that fast, if it happens. At least 3x slower than you expect.
+3 Reply
user100000 ChartArt
What is "it"? Are you referring to my expanding diagonal completing?
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ChartArt user100000
With "it" I mean the bullish trend change won't happen that fast, if it happens. We had a super bullish low in January 2015 and now it is May 2015 and most still think the market goes to zero.
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user100000 ChartArt
The pattern since the Jan low until now I consider bullish because it is a leading diagonal and hasn't completed yet; c wave up remains. Most are welcome to buy my coins at 20K+. Of course "normal" people will not recognise the sidways action as bullish if they not familiar with EW conepts
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oaksacorn ChartArt
If this a 4 which 100K thinks, then it has run it's course. 5 will happen much quicker than you think.
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oaksacorn oaksacorn
This 4 meaning ended at 152. 5 has begun and is reflect the same slow behavior (in the beginning) as previous 2 and minor 2 & 4.
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oaksacorn ChartArt
I think will accelerate starting in 4 days to get low 400s by 6/8. I think he is spot on.
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