Kindly people, I need your help in something I don't understand as I'm still a novice in understanding bitcoin.
Luc, has mentioned earlier about "Historical elliott wave number 3"On breakout of current log downtrend I will consider this count to be activated (historical III running). You all know what means elliott wave number 3...

3 (Weekly sma20)
2 (Daily sma200)
1 (Log trendline)
... and lift off, Bitcoin the worlds first digital currency starts to its historical wave three to be in next comming years!
I have never saw so bullish Lucif. Looks like he has sold his account.
Historical III on the way. I waited it since 2011.
Why is "elliott wave number 3" is so important for you ? When we will witness it, in 7 - 10 years duration ?
And can it be calculated like SmoothCurves did here ?The top of III can be calculated by 1200/2.5 * 150 * 1.68 or approximately $120,000
Please help me, as it seems I'm not welcomed through PM by both Luc and SmoothCurves.
Thank you.