Rainman2

Then took the other, as just as fair...

Long
Rainman2 Updated   
KRAKEN:BTCUSD   Bitcoin
The destination is clear. The path, not so much.

If Bitcoin elects the last path, the one that entails a dip down to 7400. Then the Big W pattern has failed.
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8400, not 7400
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Winner Winner, Chicken Dinner:

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this teeny tiny inv hs:

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Starts the process of completing the bigger Inv HS - the completion of which brings us to the confirmation line for the 4th fractal:

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Now, we know that the fractals are creating a 3 Peak or Domed House at the location of the confirmation line. And that this structure looks like a head and shoulders, which gets close to but ultimately does not complete (this is very concerning when considering the rampant price manipulation we're currently seeing - because if someone f's up then we're headed to 5000 - I'll talk about this more in comments further down). Why did I not see this before and think we were going straight up to 12k? The simple answer is that I did not think to account for the 3 Peaks and Domed House Inner Pattern. If only the Big W were occurring that 3k+ jump should have happened. But now I see that the inner 3 Peaks and Domed House pattern has to complete at each successive fractal along the way.
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If we don't make the 3 peaks/Domed house until we hit 14k. Then I'll know that my crazy alternative theory is at play. But let's cross that bridge when we get there. Per the crazy theory discussed thus far, we know that the price manipulation at the outset of this bull run, the inverse HS formation completion discussed in BREAKOUT WILL HAPPEN ON OR BEFORE... will have cascading effects and we move up the summit. These effects will manifest as the creation of the 3 Peaks/Domed house at an upsloping angle rather than a downsloping angle were they to happen organically/naturally. Meaning, if whoever that powers that be did not intervene at the outset with the 1k jump, I think we would be on our way to creating the 3 peaks around the 12k to 14k range, followed by a significant dip followed by 2-3 years of crypto winter during which we form a really long falling wedge to what would eventually become the cup of a really enormous cup and handle pattern.
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But now, the process has taken on a life of its own. Whatever they did, worked. So well in fact that I don't believe we'll see much more significant manipulation in the market. At least not for a while. In fact, the powers that be may actively try to prevent it, to make sure that the 3 peaks/domed house/head and shoulders formations do not complete on the way up, bringing the price down below 5k and out of our home sweet triangle (I'll expand on this some other time). So expect a slower ascent uphill, with a 3 peak pattern around EITHER the 10.5k range or 12.5k range. Where this happens is going to be is important as to how high we eventually go. Should we go at a ridiculously fast clip, and don't create the 3 peaks until we hit 16k+, then I'll come back to my crazy alternative theory, which involves the manipulators, whoever they might be, having f'd up - put into motion something unintended and consequently losing control of the thing altogether.
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if we drop from this point, we will not stop until 7500, and my alternative theory will be unfolding.
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see this fractal forming on the 4hr, it's trying to tell us something, The adam and evve bottoms are reversed. I have to think about the implications...:

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there is a good chance that we're dropping down to 7400. no time to explain
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we're dropping to 8070. followed by a sharp bounce back
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i think...
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If you want to know how I got there then PM me. I'm coming to the conclusion that merely putting up charts and having it in the general sphere of knowledge is an invitation for the whales to fuck with the unfolding pattern. I'm no longer putting up charts. Whatever happens, BTC is guaranteed to reach somewhere between 12 and 16k between now and the end of the year. That's the best your gonna get until we get some regs and crypto space cleans house. Good luck.
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we're heading back up...
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Fractals across all time scales are in synch. It's now or never.
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I'll readily admit I know s@#$ about Elliot Waves, but fractals... :D
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1min

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5min
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15min

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4hrs

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and a little preview of the future, 1 week

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Fractals are hard, you squint a little too hard and one fractal turns into another so bear with me :)
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Even more good news!!! One day chart:

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5min chart

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you can see a version of the future if you look at the 5min chart right now, seriously.
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whoa... hold on to your seats:

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4hr chart:
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15min chart:
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if you are thinking we are doing a massive jump imminently on both the 4hr and 1 day charts then you're probably correct. If you are thinking that fractal 2 has completed, in turn completing the symmetrical triangle for fractal 3. and that we are going jump all the way up to fractal 3's confirmation line, you're probably correct.

thepatternsite.com/bigw.html

Note in the example shown, breaching the confirmation leads to the creation of a domed house. Crazy, right?
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So since the smaller time scales are showing a candle doing a jump up, not just up but like a crazy jump up, here's the train of thought behind my 12.5k jump up prediction and why I still think it will happen:

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1min fractal:

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4hr fractal

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back to 1min, better scale:
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The biggest jumps happen when fractals across multiple time-frames complete at the same time. It's also those times of synchronization that can sometimes give you an indication of what will come afterward.
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if you are looking at the 1min fractal chart above and are wondering why it doesn't correspond - shape-wise - to the 4hr/daily chart... I think it's because last November/December should never have happened. 3/9 or 3/10th should have been the peak, with nov, dec, jan, feb leading up to it. Then a correction for the rest of March, bringing us to another bull run in April. What's happening now is one for the history books, never has a crashed market recovered the way cryptos will be. I know I sound like a crazy person, but the market is self-correcting itself from the manipulation, to where it would have otherwise been.
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As would be expected the smaller time frames are moving ahead. After a certain point, the smaller fractal will shift into something else entirely and you won't have any idea what you're looking at. But in the meantime, we can see where BTC will go next.
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Did I mention fractals are incredibly hard to identify and interpret? I believe this is the more accurate representation of where we are:

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The only clear part about fractals is the destination. Once you figure out where the fractal formations lead, then you're going to have to rely on other methods to figure out how they will get there.
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because this is just as possible:
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all fractal patterns are a part of a bigger fractal pattern, and from any fractal location, all directions look the same. Which is to say, all those will probably come to be in some shape or form. how the patterns do that across all those time scales, to go from completely disparate to foreshadowing to foretelling to syncing together to finish as one, is mind-blowing.
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now while we're waiting, the fractal synced up again:

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now what going to blow your mind later is the question, is the fractal above the correct fractal representation or is this?:
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The correct answer is both, because they're fractals. They have to be embedded within each version of itself.
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Hense, knowing the destination, just not how we get there.
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we're heading up to create a domed house. Where that house is, is up for interpretation, my money is somewhere between the January high and February semi-recovery - 12 - 16k. I could be wrong :)
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the overlay makes the most sense to me:

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fractal shifted overnight, the domed house for fractals 3 and 4 are getting created right now

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we could be in 1, 2, or 3

all I know is that we're going up afterwards... good luck!

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It's going to be a good week:

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