Another chart i'm sure 95%+ of the community dislike because of the price action. Bring on the dislike.
Note
oh yeah... keep it simpleNote
E can end in 3xx or 2xx. We WILL find out.Note
Note
Taking a historic look at the DOWJ confluence with Bitcoin sharing common interests with a fibonnaci sequence unfolding from the 1929 expanded flat correction. DOWJ
1929+3= 1932 Bear MKT Bottom *Lowest Low - Brutal one that exceeded even 2.618 of wave A*
1929+5= 1934 Correction Bottom
1929+8 = 1937 Bull MKT Top
1929+13= 1942 Bear MKT Bottom
1928+21= 1949 Bear MKT Bottom
1928+34= 1962 Crash Bottom
BTC
2009+3= Bear MKT Bottom *Lowest Low*
2009+5= 2014 Bull MKT Intermediary Top
2009+8= 2017 Bull MKT Top
2009+13= 2022 Bear MKT Bottom
2008+21= 2029 Highest High?
2008+34= 2042 Market Crash?
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Disclaimer
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.