BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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You can follow Tyler Jenks at @LucidInvestment on Twitter .
Hi thanks for this. Which dates and prices did you use to anchor the phase 2 line? Seems like we're headed to it
Lets hope it dropes to low 4k. Where we pick up cheap btc. But will it happen? With all the banks and billionaires now interested? Will it drop that deep? Yes, I think so. Don't forget they do most of there trading otc, not on exchanges.
Would you entertain the idea that we are currently in a phase 3?
ColoreA coininvestor
@coininvestor, only time will tell...
eklasik coininvestor
@coininvestor, By Jenks definition the phase 1 line must be over a period of years.
damiensuccess coininvestor
@coininvestor, I believe Jenks did exercise this idea just as PostCapital has, but we would have to bounce off the phase 2 trend line. If it doesn't hold up here, then it resets again.

I'd like to speak with him directly about the hyper wave theory because it seems Bitcoin could have this pattern on both micro scale and long term scale.

The above charts are really just micro scale on the grand scheme of Bitcoins life.
Blinderdot coininvestor
@coininvestor, Hyperwave trendlines must be drawn on linear scale
+1 Reply
Poukitoun Blinderdot
@Blinderdot, strange, in one of his youtube videos I saw him drawing the trendlines in non log chart!
Blinderdot Poukitoun
@Poukitoun, non log = linear
+1 Reply
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