This theory suggests that elliot wave cycles are lengthening, this can co-exsist with the 4 year cycle of the bitcoin halving.
The key difference is that we should get an extension in the 5th wave(blow-off top) this 4 year cycle.
Looking at past cycles, the 5th wave was also the strongest move so yes we could have an greater rally than in 2020/2021.
If we get an equal rally in %-wise like in 2020/2021 we get an measurement of 1600% from 15k to 250k
And if the 5th wave goes beyond the 3th wave you get some crazy targets in an short period of time (blow-off top)
If this theory is correct this could back up some crazy btc targets because this is the first cycle when we already made an new all time high in the 3th wave compare to other cycles only in the 5th wave.
Yes it took longer to get there but thats the theory that each cycle will take more time to fininsh
In the charts below when you measure the bottom from an complete elliot wave to the next you get some data that suggests lenghtening elliot wave cycles
Cycle 1:
Cycle 2:
Cycle 3:
Cycle 4:
The key difference is that we should get an extension in the 5th wave(blow-off top) this 4 year cycle.
Looking at past cycles, the 5th wave was also the strongest move so yes we could have an greater rally than in 2020/2021.
If we get an equal rally in %-wise like in 2020/2021 we get an measurement of 1600% from 15k to 250k
And if the 5th wave goes beyond the 3th wave you get some crazy targets in an short period of time (blow-off top)
If this theory is correct this could back up some crazy btc targets because this is the first cycle when we already made an new all time high in the 3th wave compare to other cycles only in the 5th wave.
Yes it took longer to get there but thats the theory that each cycle will take more time to fininsh
In the charts below when you measure the bottom from an complete elliot wave to the next you get some data that suggests lenghtening elliot wave cycles
Cycle 1:
Cycle 2:
Cycle 3:
Cycle 4:
