shubbs

shubbs

Ethereum's price history has been spectacular. Here are the Elliot Waves for the 2015-17 bull market (Binance prices): (0) 10/19/15 $0.42 (1) 6/13/16 $21.67 51.6 fold (2) 12/5/16 $6.04 -72.1% (3) 6/12/17 $439.90 72.8 fold (4) 9/11/17 $193.33 -56.1% (5) 1/9/18 $1529.49 7.9 fold Here are the Elliot Waves for the 2018-22 bull market: (0) 12/7/18...

shubbs

Elliot Waves for Bitcoin since this bull market started on 12/15/18: (0) $3129 12/15/19 (1) $13868 6/26/19 (2) $3858 3/13/20 (3) $64899 4/14/21 A $28800 6/22/21 B $69000 11/10/21 1 $53533 11/26/21 2 $59250 11/30/21 3 $42333 12/4/21 4 $52100 12/27/21 i $45650 12/31/21 ii $47990 1/2/22 iii $42500 1/5/22 iv $44600? 1/7/22? (4) C 5 v $39150? 1/10/22 to...

shubbs

Bitcoin did a bump and run pattern in May to July. It passed its downward resistance line and then fell for many days down where the resistance line acted as support. The support line was at about $29.2 K. Bitcoin reached the low and the apex of the blue triangle on July 20th at $29296, then went 2.35 fold in 3 months and 21 days to $69000 on Nov 10th. ...

shubbs

Litecoin on the Bitfinex chart hit $370 in Dec 2017. It retraced in the 2018 bear market to $22 in Dec 2018. It did a W pattern by going to $146 in June 2019, then $24 in Mar 2020, then $413 in May 2021. That formed the cup with the top of the cup in the $370 to $413 range. Since May 2021, LTC has gone down to $104 in July, up to $302 in Nov, and down again to...

shubbs

This 4 hour Bitcoin chart looks like the sub minuette waves are finished and it's time for the minute wave iii to move up the price of Bitcoin. It looks like Bitcoin finished it's ABC pattern at $42333; the move up the past few days and then back was nothing more than minute waves i and ii. This consolidation reminds me of the triple bottom near $29k back in...

shubbs

There have been 14 bull cycle moves up in this bull market since the last bear market low at $3129 on 12/15/18 (BLX and Coinbase prices): 12/15/18 $3129 12/24/18 $4239 35.5% 2/6/19 $3341 6/26/19 $13868 315% 7/7/19 $9071 8/6/19 $12320 35.8% 10/23/19 $7296 10/26/19 $10540 44.5% 12/18/19 $6430 2/13/20 $10522 63.6% 3/13/20 $3858 8/17/20 $12486 224% 9/5/20 $9813 1/8/21...

shubbs

BTC bottom of the cup $57600; BTC top of the cup $66900; Depth of cup = $66900 - $57600 = $9300 BTC target once cup and handle are broken at the top of the cup at $66900: $66900 + $9300 = $76200 Cup and handle may not play out exactly; I just see one maybe happening after seeing this pattern hundreds of times to this point.

shubbs

The 1.618 Fib extension of minute waves 3 and 4 yields about $100K. The 2.618 Fib extension of minor waves 1 and 2 yields about $100K. When there is confluence in waves near similar major Fib extensions, there is a good chance of a correction near that price value. After the correction, I suspect minor wave 5 will end near the top of the log growth curves...

shubbs

Just so everyone understands the term. A parabola starts off slow and gradually increases in value until it goes almost vertical into a blow off top. Bitcoin did this in 2011, 2013, and 2017. It is starting the parabola and will go steeply up soon.

shubbs

The ETH chart is uber bullish. A cup and handle has formed over several months. The top of the cup is $4000; the bottom of the cup is $1700; the cup depth is $2300. The target of this cup and handle is cup top + cup depth = $4000 + $2300 = $6300. At the cup top of $4000, ETH has gone over the cup top and tested the cup top as support. ETH is ready to rock and...

shubbs

There is a cup and handle currently in Bitcoin that should play out soon. Cup top = $62900; Bottom of Cup = $58900; target for breakout of cup top = $62900 + Cup Depth $4000 = $66900

shubbs

The intermediate 5th waves in Bitcoin's bull markets since its beginning: 2011 Extension of the 2nd, 3rd, and 4th intermediate waves yielded the 4.236 at $4.52; Bitcoin went to $31.90 in June 2011, a 7.1 fold increase beyond the furthest extension 2013 Extension of the 2nd, 3rd, and 4th intermediate waves yielded the 4.236 at $1187; Bitcoin went to $1177 in Nov...

shubbs

Putting a Fib extension on the move from $29300 to $52900 and back to $39600 yields near $100K in a few weeks, a 4th wave correction to about $77K, and a 5th wave blowoff top in Dec 2021 at about $145K. Bitcoin is biding it's time now, but it's just preparing with massive support underneath current prices for a big move IMO. October and Nov 2013 and October...

shubbs

The following are the last 9 weeks of the 2013 bull run: 30 Sep 2013 $126.44 7 Oct 2013 $134.84 6.6% 14 Oct 2013 $167.48 24.2% 21 Oct 2013 $193.89 15.8% 28 Oct 2013 $212.80 9.8% 4 Nov 2013 $327.56 53.9% 11 Nov 2013 $502.07 53.3% 18 Nov 2013 $807.71 60.9% 25 Nov 2013 $963.05 19.2% 30 Nov 2013 $1177.19 22.2% BTC the last 9 weeks went 9.31 fold. ...

shubbs

Bitcoin Golden Crosses (50 dma crosses over the 200 dma): Lark covered these in his latest video. I summarize them as follows: 2/7/12 $5.64 Golden Cross 11/30/13 Top $1177 208.7 fold 10/26/15 $247 Golden Cross 12/17/17 $197674 Top 80.0 fold 4/22/19 $4487 Golden Cross 6/26/19 $13831 top 3.1 fold 5/11/20 $8067 Golden Cross (also was the last...

shubbs

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...

shubbs

If Bitcoin can't surpass the recent $42600 level, then it's likely there will be one more C wave down. Then I expect the 3rd intemediate wave to be at least equal to the first wave at $13800 change from $28800 to $42600. It will probably be about 1.618 times that wave or $22300. So if the C wave goes to say $36000, then expect later this month and into...

shubbs

$40500 is the top of the cup and handle; once Bitcoin gets some daily closes above $40500, then the target should be about $44500. $40500 (top) - $36500 (bottom of cup) = $4000 (depth of cup) + $40500 (top) = $44500