Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by bitserve (1)
Newest Update from Pentarudi aka Masterluc
"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."
"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."
... where is Far-away?
Your guess is as good as mine. However, I can show where masterluc thinks we are in Elliott Wave theory.
We're actually just past the little (2) near my dot. We just began the wave (3).
After we get to....some number, there will be a correction, wave (4). After that, the mother of all bull runs begins, the local wave (5) of historical wave 5. Basically, the blow off top to end all blow off tops. Then a massive, multi year long bear market. Masterluc previously said he expects a 10 year bear market after the wave 5 top.