Big bubble cycle, We are in Wave 3 or wave 4?

BITSTAMP:BTCUSD   Bitcoin / Dollar
My vision for eliot waves for current monthly cycle and subcycles.
Kommentar: + MACD looks like 27.012014, coincidence? i dont think so...
Kommentar: Update to my previous comment, defintly we ended 2 years cycle, but from qustion "we are in wave 4 or 5" depends depth of curent corection. Weekly macd crossing always histoically started long bear market. Based on time analysis i dont see potencioal for more growth before reaching 7,5 k (or even 4 k). Only posibility is to close curent cycle and start new one.

Trade ist aktiv: So we are on ride to 3500 :(
This week is not over yet. The MACD signal will be undone.
@Gromixus, At this stage you need 5k candle aboce top so if we reach 25k it will be undone :)
MiloszKaszynski MiloszKaszynski
could you please clarify your point with MACD? thanks
MiloszKaszynski retiringsoon1
@retiringsoon1, Added more info in comment
+1 Antworten
Very otpimistic in long run. Aren't you afraid that bitcoin finished its run permanently? Lots of voices that bubble broke and now back to the reality.. Thanks for sharing
MiloszKaszynski rekinyinternetu
@rekinyinternetu, Too many pepole waiting to reenter, so we have atleast 1 more bigrun in hand. BTC for now is in media attention phase, it is doing local small bubble patens but at bigger picture it is looking quite good. so yes i think we might see 6 digits btc if not in 2018, than in 2020 after 2018 bear year and 2019 consolidation year.
+1 Antworten
man, that macd looks scary
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