That's some highly refined doom right there.  If Proudhon did EW?

So, there is this thing I have always seen that has puzzled me about systems like EW, or S2F, or what's the other one with springs etc? 

For them to be always right they have to be able to overcome fundamentals, and macro forces.

Seems to me they are like a ship in a bottle.  Pretty to look at, and obviously a ship! But destined to never sail the seas.  Take this hypothetical situation.  Pandemics, wars, countries adopting Bitcoin, all FIAT currencies being destroyed before our eyes.  The markets teetering on the edge of collapse.

Really... if that chart comes true under THAT set of circumstances a LOT of people are going to die. 

Not because of the fact that Bitcoin crashed back down to $800.  But that the world got to a place where fundamentally that made any sense at all.

See what I am saying?

I say consider all theories.  And this one, to come true...  Oof.