I am saddened I need to update this QUANTITATIVE Chart as a tradingView Mod removed my last post for having a logo... but rules are rules. If you need to prove my awesomeness and accuracy of the last chart, I will add the post to Medium, and you'll also find it on social media - links at the bottom of this post and on my profile.
My thoughts... I'm about to speak Elliott Wave - so if you are not a fan, skip this part.
BTC is likely in the 1st subwave of the PRIMARY 3 of the Supercycle Wave structure
In the current wave pattern, the current wave is one primary wave of the 3rd supercycle. This needs to pass the ATH to confirm 1 of 3 Supercycle - which it almost has, so here we are!
1st of 3rd PRIMARY WAVES - SUPERCYCLE!
3rd SUPERCYCLE WAVE Formation corrections in the larger pattern 'should' be faster as Elliott wave describes a 3rd wave as the swiftest and usually longest.
Taking into account the 4-year cycle, the 5th subwave of Primary 1 of the 3rd wave Supercycle should be completed by 21st March, allowing for 1-2 months correction for the Primary 2 of the 3rd Wave Supercycle with this 2nd wave bottom formed before APRIL -MAY 2024 or before the bitcoin halving event. Coincidence or not, there is a LUNAR ECLIPSE on 24-25 MARCH :)
QUANTITATIVE CHART
I have adjusted my idea starting from August 22, 2022, as more data becomes available. This chart shows the 4-year cycle broken down and event timing, which are accurate. QUANTITATIVE CHART Scroll down to the last idea, as this preceded the taken-down post.
SUPERCYCLE WAVE PROJECTION - Using "LISANACCI" I have projected the following - Depending on wave measurements as we progress well into 2025 we could see a high to over 200K - super bullish or lower wave targets as shown on the chart when more data is available. I will update as the chart progresses, and if you want my daily BTC updates, my information is in the footer and on my profile.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.