kparvez

kparvez Updated 

If we analyze the market structure of the 2014 bear market, we may currently be at June 2014. Assuming that is the case, the chart I've outlined may be how things play out. The next peak may not be until 2026. The halvings may not have the effect we're all expecting. In fact, a drop in the spot price of bitcoin during the 2020 halving would have a negative impact...

kparvez

Using supports from the 2017 bull run and cross-referencing what happened in the 2015 market, I made a chart of what 2019 could look like. I've used Hyperwave theory to pinpoint $1000 as an ultimate bottom and the 200 week moving average as resistance once we break down below it. What's importance are the price targets, not the timeline. I could be off with the...

kparvez

Using Tyler Jenks's Hyperwave theory, we've broken out of phase 4. If phase 3 doesn't hold, we'll likely drop to the phase 2 line and bottom out there on the NASDAQ.

kparvez

Using Tyler Jenks's Hyperwave, I drew out the phase 2, 3, 4. I used the trend line for the bullrun from Fall 2015 til May 2017 to draw a phase 2 line. I extended the phase 2 line and you can see that we have not yet breached it. It will be interesting to see if we breach it or bounce off it given we have broken the phase 3 line.