"That pullback in $BTC-USD was likely a Wave 3 and Wave 4 pattern (Elliot Wave theory). Now is Wave 5 up, which is the largest for commodity cycles. The stock-to-flow model predicts a peak of $100,000-$150,000 by the end of 2021 or early 2022. But from the table near the end of my 2018 article, I calculated that Wave 5 in 2017 last 94 days and was 499.5% that of Wave 4. seekingalpha.com/... If Wave 4 is $58,302, that would mean $BTC-USD could hit $291,218 by 1/29/2022. I don't think bitcoin will hit that high, but I can see it hitting $200,000-$250,000."
MichaelBryant
https://seekingalpha.com/news/3759636-el...in-bitcoin
MichaelBryant
https://seekingalpha.com/news/3759636-el...in-bitcoin
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Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056
Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056