shelby3

shelby3 Updated 

This is more realistic than the prior interpretation. This is more holistic assimilation of all factors I am aware of. Refer also to the updated Bitcoin and Ethereum charts linked below.

shelby3 Updated 

This is more holistic assimilation of all factors I am aware of. Refer to the update Bitcoin EW chart linked below.

shelby3

DOGE seems to have the same problem as other altcoins that explode 50 -- 200+ times from the 2020 lows. The most recent 2nd wave is below the 61.8% Fib retracement of the wave 1, thus the 4th wave must come back down below the top of wave 1. This limits their upside in 2022 as annotated in this chart. Let’s observe is the posited wave 1 and 2 are actually part of...

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Based on the changes I made to my corrections to the Bitcoin EW.

shelby3

Zooming in on the hourly chart revealed that the inner EW patterns were not congruent with the prior idea Corrected Tale of Two Bitcoin Forks (non-bifurcated) linked below. This new perspective demanded a cascade of changes so that inner 5th waves weren’t longer than the inner 3rd waves. I’m more satisfied with this result.

shelby3 Updated 

This adapted from a Twitter post . Cardano (ADA) appears to he highly accelerated and slightly out-of-phase with Bitcoin and Ethereum — apparently because the Terminal impulse (due to the March 2020 crash) is in the most-major EW (the one with the boxes around the numbers) not the sub-major EW as is the case for Bitcoin and Ethereum. If this chart is correct,...

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Ethereum (ETH) may suffer from a heat death for its miners in Q2 which may benefit Cardanao (ADA). C.f. also the Elliot Wave analysis for Bitcoin linked below.

shelby3 Updated 

The prior idea A Tale of Two Bitcoin Forks (beware the Ides of March) (linked below) had the sub-major 3 and 4 waves too early (the 5th wave was longer which is not allowed). Also by employing the log-scaled Fib retracement for the 61.8% retracement threshold for wave 2 for the Terminal impulse, I was able to remove the bifurcation of the two posited Bitcoin...

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Praying that my prior chart idea A Tale of Two Bitcoin Forks (beware the Ides of March) (c.f. linked below) is not true because the implications are so horrific for humanity (c.f. all my comments on that page). So waking up from a bad dream, I removed all the onerous stuff from that chart and am publishing it as if legacy Bitcoin will never be restored. Here’s...

shelby3 Updated 

Here’s what this chart looked like for me when I created it: Refer also the a chart posted on Twitter by @w_s_bitcoin entitled Bitcoin Hyperbolic Model #Stock2FOMO, which shows that the monthly close (or average?) Bitcoin price should not drop below ~$26k (or $30k) for March 2022, ~$200k for mid-2024, ~$5m by 2027, $10m by 2028, $100m by 2029 and $100...

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This is a reaction to Alessio Rastani’s Youtube EW theory analysis of Bitcoin. I explained that he had inconsistencies in my comments on this video. This the only resolution to all the inconsistencies that makes complete sense to me. Thus non-legacy Bitcoin is attacked from February 2021 peak ~$75 –85k. Legacy Bitcoin continues upward. This explains the ~$8k...

shelby3 Updated 

MMCrypto said that everytime Bitcoin made a new weekly ATH, it went on a major bull run. He also said every time Bitcoin bounced off the 20 (or 21?) WMA (or was it EMA?) that it went on a major bull run without crashing back below it. Both of these statements are incorrect. In Q4 2019, Bitcoin bounced off that MA and then crashed into the March 2020 abyss. I don’t...

shelby3 Updated 

Here’s what this chart looked like for me when I published it: One possible scenario. Would that mean a cryptowinter after February, including altcoins? What about Ethereum 2.0 and various Cardano upgrades? Ethereum’s proof-of-stake MERGE is scheduled for ~Feb 2022, with proof-of-work “heat death bomb” set to go off June 2022: finance.yahoo.com Buy the...

shelby3 Updated 

Add the above worst case scenario to the additional scenarios I added yesterday to my prior Bitcoin Elliot Wave idea. Note although wave 3 is supposed to be the longest, for some commodities wave 5 can be the longest. Also I’m positing a TERMINAL wave condition and an attack which destroys the entire cryptocosm. In this scenario, only legacy Bitcoin (not BSV...

shelby3 Updated 

Someone wrote and I replied: > “EW theory dont show this will move to 8k this year. Maybe this price after the 200k price top out not sure” I claim that the ‘3’ should be labeled ‘1’ in this current cycle because EW theory requires that wave ‘2’ does not typically decline more than 61.8% of wave ‘1’. Also because you can see the prior two bull cycles put the...

shelby3 Updated 

BTC to not make a new ATH until Q4 2022 with ~$220k top in Q1 2023? Note w.r.t. 1.236 grey Fib ellipse BTC in 2019 got ahead of itself, then crashed back down to align with 2015. Ditto 2.0 blue Fib oval, BTC got ahead of itself Dec 2020. Now must crash back down and stay below purple 3.618 until Aug 29, 2022 at $36k. Note a bounce to ~$60k by Mar 2022 after this...

shelby3 Updated 

TechDev is applying years of gold in 1970s to months of BTC. His Fibonacci analyses aren’t even wrong but he’s ostensibly missing that 1) in 2017 volume was increasing and 1.272 low was before 1.618 peak, unlike 2013 & 2021 (note on BNC chart 2013 volume was decreasing), 2) 2013 correction 1.16 which would be ~$26k, 3) in 2012 Fib 0.5 was backtested after...

shelby3

nobody expecting this. nobody expecting this. nobody expecting this