dan2016

OIL

GOLD

DJIA 30

ETH/USD

BTC/USD

Elliott Wave Predictions for 2024 Just wanted to throw out my speculative takes on Bitcoin's price using the Elliott Wave theory. This is more of a subjective analysis, so keep that in mind as I plan to drop updates…

Have said since NOV/DEC 2024 that beyond $114,000 would suggest an elimination of the B-wave bearish scenarios... https://bitcointalk.org/index.php?topic=5485551.msg64799443#msg64799443

A daily/weekly close above the Fibonacci 2.618% extension (i.e. $114,000) would suggest the BULL scenario is underway...

Guessing somewhere between $50K to $60K ought to be the bottom.

Then it would imply a CYCLE-II bear market is underway, with perhaps a -80% to -90% decline. Probably unlikely because the current top was an Irregular B-wave, rather than an orthodox final fifth wave.

Elliott Wave rule is third wave cannot be the shortest, unless in a Leading Diagonal or Ending Diagonal. Elliott Waves are measured in points not percentages; hence, no rule has been violated in the analysis. In…

The projections are indicative of wave structure, not timings nor wave sizes.

DJIA 30

GOLD

MSTR

SOL/USD

ETH/USD

BTC/USD

Elliott Wave Predictions for 2025 So I’m taking a shot at predicting Bitcoin prices using the Elliott Wave theory, but just my personal take on it. I’ll be updating this about every two weeks or monthly, but just keep…

Anticipation: given equity markets have reached new all-time highs.