Exactly, utter bullshit. Predicting corrections, crashes etc.. is all OK if you have arguments for it but to claim such a huge thing on the top of Bitcoin's awareness is pathetic, lol.
It seems you have no idea of EWT. EWT does not analyse corrections and crashes only. It is an analysis of short and long waves and thus used as a basic for predictions, based on personal interpretations of the waves and the probabilities, which depends on how a waver is counting the waves.
Another argument to call it bullshit. As two weeks ago he was calling this wave 3 of EWT.
He just thinks this is the top of current rally/bubble and want people to follow him counting on some of his earlier good calls so he could reload cheaper
He, of course might be right about the bubble, there is lot of people thinking the same and he made enough good calls so far, but only idiot could call this end of 3 years bullish trend, lol and say I'm out until 2016. If someone said that in April there might be lot of people who would buy it but now, when things around Bitcoin are happening as a storm, it's laughable.