wave 3 was a normal size wave (not extended) because it was a typical 161.8% of wave 1 so it is very likely we get an extended 5th wave. extended fifth waves typically travel the net distance of waves one and three. that will take us to 496K (it's actually 506K if there wasn't a limit on wave V < wave III).
i agree. thx for sharing. here is my chart from today. vma200 shows us a special detail ...
grepcat
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thanks for the analysis, my view is quite similar - 333-350k because of multiple things but will mention only few - we will be hitting upper resistance line of a 10 year parralel channel around 330k - i am not expecting that we break it easily as there will be a good amount of bears at that moment. two - retest of 2013 ath in 2017 gave us 1590% increase. if the same thing happens with 2020 retest of 2017 ath - this would bring us to ~330k, somewhere around the resistance of the parralel channel. however - yes, it's possible we see 500k, we all know how btc can be aggressive ;). so, one question. why do you think we will break the upper parralel channel resistance line? s3.tradingview.com/snapshots/b/bZMjS0pj.png good luck and ride safe.