Re: Banned dude projects Bitcoin bounce maybe to $10k, then renewed decline to $4600
So what are Shelby's thoughts on the current price level?
Well I can't exactly keep up with Shelby Thought, but I know he keeps referring back to this chart
The problem as I see it is the extrapolation based on a limited amount of data. We're trying to make predictions based on a cycle that has completed only three times.
A simple alternative, for instance, could be a repeating A-B-C pattern. 3 part patterns are commonly seen across various markets.
Or the pattern could be more complex. Here's another alternative analysis of the (well, a similar set of) data:
Source: https://twitter.com/CryptoKaleo/status/1009156602039971840
A simple alternative, for instance, could be a repeating A-B-C pattern. 3 part patterns are commonly seen across various markets.
Or the pattern could be more complex. Here's another alternative analysis of the (well, a similar set of) data:
Source: https://twitter.com/CryptoKaleo/status/1009156602039971840
afaiu He's bullish for a big surprise surge very soon now. And very bearish on altcoins.