Quote from: Moreno233 on Today at 06:41:55 PM

Quote from: JayJuanGee on Today at 02:26:21 AM

I believe that I have adequately described what I meant.. which is largely the idea that the BTC price passes through prices around the old ATH with very little resistance.. and sure there can be resistance, but there is a tendency for there not to be resistance. You can look at the ATH of $32 from 2011, the ATHs of $263 and $1,163 of 2013, the ATH of $19,666 from 2017, and so now the new ATH is $69k... and let's see what happens? You want to fuck around with selling too much bitcoin between $55k and $85k, then good luck with that because those prices are likely pass through zones, and also no guarantees, so you can do what you like in terms of managing any BTC sales that you might make and if you expect to be able to have any potential of buying them back, especially if you sell within the deadman's zone.

Are you feeling lucky, punk?

By Elliot Wave analysis, a technical analysis method that have stood the test of time, Bitcoin have completed a market cycle that entails 5 impulsive waves (12345) followed by 3 corrective waves (ABC) as shown in https://prnt.sc/W0olQYtpH0gP. Another cycle of 5 impulsive waves just started and this will see the terminus eating the ATH with ease. Your project is really in line with expectations given the history of Bitcoin and events lined up to happen going forward.

So, I feel the future look exciting for us as a lot of factors including the Blockchain technology itself is in support of huge demand cum high prices for Bitcoin.

I am not too much of an Elliot Wave and/or technical analysis fan - especially since many times, those kinds of wave theories are a bit off base, since they likely fail/refuse to account for some of the specific immature aspects of bitcoin, including the likely exponential s-curve adoption component that is based on Metcalfe principles and networking effects...

but anyhow, are you suggesting that my assertion of a likely deadman's zone between $55k and $80k is supported by Elliot Wave principles.

I did click on your link and I do see that your future projection of wave 4-5 does seem to show the BTC price passing through the previous ATH.. in a very similar way as I have characterized.. .but still my ideas are no way even attempting to incorporate Elliot Wave ideas or even to say that anyone should be attempting to trade much if any of their BTC based on Elliot Wave.