QuantumDivergence

BITCOIN GRAND SUPERCYCLE - ELLIOT WAVE THEORY PERSPECTIVE- PT. I

Long
BNC:BLX   Bitcoin Liquid Index
A grand supercycle can be conceptualized as the general lifetime of an asset or index. Elliot wave theory depicts that markets move in motive and corrective waves, fractal in nature and related to one another through fibonacci retracement levelss. If Elliot Wave theory is to be believed here, We have just tested THE GRAND SUPERCYCLE GOLDEN POCKET. This could easily be the most imporant weeks and months for all of cryptocurrency. We have confirmed now, a standard cycle (three degrees below the Grand Supercycle) complete at the retest of the golden pocket, with confirmed complete abc correction. From here, it is entirely possible that we are entering wave 2 of a supercycle, which also means we have completed wave 2 of the grand supercycle.
If that is validated by a wave 5 standard cycle top here of 40k, we can expect a new bull market to have just begun. this means that a supercycle wave 1 has just begun, and potentially means the grand supercycle has just entered wave 3, which is known throughout history to be the strongest impulse of an asset's lifetime. Its getting spicy out here!!!!!
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