minor waves: wave 0 = 420.27 wave 1 = 683.26 wave 2 = 538.38 wave 3 = ? because the market broke the 548 level then the whole move to 683.26 becomes minor wave 1 which is even more bullish than before. im glad this happened as it frees up more ...

wave 0 = 420.27 wave 3 = 683.53 wave 4 = 621.86 if wave 5 is 100% of waves 1 to 3 we get a target of (ln(683.53)-ln(420.27))+ln(621.86)=1,011.39 if wave 5 is 161.8% of waves 1-3 we get a target of (ln(683.53)-ln(420.27))*1.618+ln(621.86)=1,366.03 (i ...

right, my wave (3) isn't drawn to scale; it's far above the ATH...

hi KiwiOz, my wave (3) hasn't topped out yet. i'm expecting an extended wave 5 taking out the ATH so wave (4) according to my count is way too early to determine. good luck bro.

wow you can see 4 wave degrees in this chart bros, your greatest enemy is your own ego

@KiwiOz it's a little difficult to see, but i have it as an expanding triangle. note the (d) wave is higher than (b).

i understand many of you want the market to prove itself and take out the ATH at 1163. but that actually already happened at the cycle degree level at 259.34. the market already took out that high which proves we are in an extended wave (III) trend ...

im no a fan of indicators but the weekly macd is setting up for the mother of all rallys. LL, venzen and others... are you going to fight the trend all the way to 8K+? and also fight the market cycles too? impressively stubborn you both are!

i believe intermediate wave (3) will extend and take out the top at 1163 but we have to switch to natural log to calculate the targets. it is reasonable for wave (3) to be 261.8% of wave (1) wave (0) = 339.79 wave (1) = 548 wave (2) = 420.27 ...

venzen, to be honest you sound like a paid basher in your regularly released reports. always biased to the bear side

count update... no change. getting close to the edge of the channel. im channeling the same degree waves

the magnitude of bitcoin moves is forcing me to label the waves that way. i can't call the top at 1163 minor wave 3 or minute wave iii. most correct is primary wave (circle) 3..... the previous top at 259 was primary wave (circle) 5 and also ...