shelby3

shelby3

Here’s what this chart looked like for me when I published it: One possible scenario. Would that mean a cryptowinter after February, including altcoins? What about Ethereum 2.0 and various Cardano upgrades? Ethereum’s proof-of-stake MERGE is scheduled for ~Feb 2022, with proof-of-work “heat death bomb” set to go off...

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MMCrypto said that everytime Bitcoin made a new weekly ATH, it went on a major bull run. He also said every time Bitcoin bounced off the 20 (or 21?) WMA (or was it EMA?) that it went on a major bull run without crashing back below it. Both of these statements are incorrect. In Q4 2019, Bitcoin bounced off that MA and then crashed into the March 2020 abyss. I don’t...

shelby3

Add the above worst case scenario to the additional scenarios I added yesterday to my prior Bitcoin Elliot Wave idea. Note although wave 3 is supposed to be the longest, for some commodities wave 5 can be the longest. Also I’m positing a TERMINAL wave condition and an attack which destroys the entire cryptocosm. In this...

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Someone wrote and I replied: > “EW theory dont show this will move to 8k this year. Maybe this price after the 200k price top out not sure” I claim that the ‘3’ should be labeled ‘1’ in this current cycle because EW theory requires that wave ‘2’ does not typically decline more than 61.8% of wave ‘1’. Also because you can see the prior two bull cycles put the...

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BTC to not make a new ATH until Q4 2022 with ~$220k top in Q1 2023? Note w.r.t. 1.236 grey Fib ellipse BTC in 2019 got ahead of itself, then crashed back down to align with 2015. Ditto 2.0 blue Fib oval, BTC got ahead of itself Dec 2020. Now must crash back down and stay below purple 3.618 until Aug 29, 2022 at $36k. Note a bounce to ~$60k by Mar 2022 after this...

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TechDev is applying years of gold in 1970s to months of BTC. His Fibonacci analyses aren’t even wrong but he’s ostensibly missing that 1) in 2017 volume was increasing and 1.272 low was before 1.618 peak, unlike 2013 & 2021 (note on BNC chart 2013 volume was decreasing), 2) 2013 correction 1.16 which would be ~$26k, 3) in 2012 Fib 0.5 was backtested after...

shelby3

nobody expecting this. nobody expecting this. nobody expecting this

shelby3

Strange. Only fractal pattern that matches is from 2019 – 2020.

shelby3

Correcting the chart for the posited narrative. Also August 2024 is too slow because the rally from the low will be faster than from March 2020 as was the case for the corresponding case in 2012 – 2013 also because people will remember March 2020 and BTFD like crazy. So I am looking for the final top late 2022 or early 2023 and $300 – 500k. I’m thinking the...

shelby3

I see two possible scenarios for decline into late Oct or early Nov to either ~$26k or $17k. I’m not at all confident that $37k will hold up, and if so that’s an M pattern which is not going to bottom above $30k. If drops below $20k, that would be the first time ever declining below the ATH that preceded a multi-year cryptowinter!! The 2019 – 2020 combined with...

shelby3

Reacting to MrGert’s Twitter post . Unfortunately his idea is not publicly published on TradingView so I can’t link to that. Note for this to work then ADA has to approach BTC’s projected market cap peak for June 2022, c.f. my prior published idea for said BTC prediction.

shelby3

Chart should be self-explanatory. Added a note to my prior published version of this chart.

shelby3

Chart should be self explanatory.

shelby3

ETH/USD moonshot #2?

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ETH/USD moonshot? (log scaled)

shelby3

Wither BTC/USD?

shelby3

Wither ETH/USD?

shelby3

Legacy Bitcoin Rises Surreptitiously as the Reserve in a new Two-tier Monetary System; whilst impostor Bitcoin Core Dies Find my Steemit blogs or @iamnotback Twitter for more details.