Nights Watch by Afrikoin

[Afrikoin]

If the wave 5 top happens at $3000 (for example(, then a drop or retracement should fall to region of lower fractal wave 4

between $1600 and $2000 $1500 and $1700

something like this

Thanks for sharing the chart, so if we fall from Wave 5 to $1500-1700, then wave 5a or if we call it wave 6 is? On top or below $1500? Thanks

healthy bounce.

I'll reserve comment until it happens.

But if you go to the weekly chart, and count 5 waves from $485, you will notice there is another lower degree 4 at $1200

and a higher degree '4 at $1300

but, better wait for first drop and re-evaluate

my gut feel is some event might trigger

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[1715085654]

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[Afrikoin]

Will 1980 #SILVER $SI_F $SLV prove to be the near-perfect analog year for #BITCOINS $XBT $BTCUSD  ??

https://twitter.com/PeterLBrandt/status/867379898423422976

[Majormax]

Still going with my own  count/prediction which I noticed in April 2013. Each wave high approx 5x the previous one , each low just above the high before last.

BTC price moves upwards in a series of parabolic waves, call them bubbles if you wish.

Wave 1.   High $35    

Low $3

Wave 2.  High $200

Low $40

Wave 3   High $1000

Low  $220


Wave 4   High   $5000

Low   $1100

As for the time series, an average of roughly two years is needed per wave. Because there were 2 waves in 2013, we had to wait over 3 years for the next one.

So, to sum up, I expect a high between $4000 and 6000 sometime later this year and a fall back to just over $1000 in 2018. (excluding exceptional events of course)

This series will finish when either :

1. The equilibrium price is reached for use as a currency (which is a lot lower than it would be without competing cryptocurrencies)  Or

2. There is some failure of the code/technicals.

[secousa]

Hi Wex,
Secousa.

Thanks a lot for last time (Chart).

Article got 100+ shares, 3,000+ views, got A LOT of young Kenyans interested in crypto

In fact, led to someone writing an article on one of the most popular investment blogs

Here http://kenyanwallstreet.com/surging-returns-cryptocurrencies-compared-kenyan-stocks



So, i'm wondering if we can do the same, comparing the Nairobi Securities exchange index (and selected top counters) with Bitcoin, Ethereum , Ripple

I can get the data from the Nairobi stock exchange on excel

Think we could do this?


This goes out to anyone else who might be interested.

I want to make a chart and accompanying brief blog post.

Thanks again!

Absolutely. The article was fantastic and a great way for me to introduce friends to crypto who have been on the sidelines for too long. They saw the returns compared to a normal savings account and were instantly sold on the idea, especially considering that interest rates are much lower where I live.

Should be able to drop in the data into the excel file with some slight changes and get the charts.

[Afrikoin]

source https://www.tradingview.com/chart/BTCUSD/8MxaEsXm-3-done-SHORT-EM-Targets-2222/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_follower_idea_update


Bitcoin is very strong, and based on personality it's wave 3 which is not far away from its target, so be aware of some set-backs. Based in % it may not be just 2 or 5%, but rather around 20-30% in wave 4.

I am wondering what is your take here
1. are you long
2. are you planing to get short?
3. are you waiting on price to come lower and buy it?
4. You are not interested at all.

I would appreciate your answer in comments below. Wondering where real crowd sentiment is at this high prices.
Personally, I am not interested in this at all, even not after wave four (well maybe, depends on structure of a pullback). I however think that air was filled too much to quickly into this balloon, so it may be a booom!

https://www.tradingview.com/chart/BTCUSD/aBegJOSE-BTCUSD-Third-Wave-Mania-Cycle/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

[Afrikoin]

https://www.tradingview.com/i/pVzs1QFs/

It seems that bitcoin can't wait to go over-exponential. Let's see where the weekly closes, but at the time of writing, it is already at 2610, well over the exponential trendline.
This means that we are already where we should be in mid-June, so that this rally probably will be shorter than initially anticipated.

Instead of the top in late July, I would place the top more towards end of June, beginning of July, consequently the top will also be lower, most likely in the 6-8k area.
Quicker rallies go up faster and the tops aren't so extreme (still extreme enough for many, hehe).

[Afrikoin]

Speculative Bitcoin Adoption/Price Theory

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da

[lilit]

https://www.tradingview.com/i/pVzs1QFs/

It seems that bitcoin can't wait to go over-exponential. Let's see where the weekly closes, but at the time of writing, it is already at 2610, well over the exponential trendline.
This means that we are already where we should be in mid-June, so that this rally probably will be shorter than initially anticipated.

Instead of the top in late July, I would place the top more towards end of June, beginning of July, consequently the top will also be lower, most likely in the 6-8k area.
Quicker rallies go up faster and the tops aren't so extreme (still extreme enough for many, hehe).

To tell the truth, I am very impressed by this situation and I really enjoy watching your results. Until recently, I thought that the coins from your continent would not be as progressive, But I'm glad that I was wrong. I wish you good luck.

[Majormax]

Speculative Bitcoin Adoption/Price Theory

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da

That confirms what I posted above.

Speculative adoption cycle....Fractal repeating bubbles.

The chart is so clear and obvious because the market is pure and free, and the supply is inelastic.

The only caveat which might change the S Curve is the existence of directly competing cryptocurrencies.

[Afrikoin]

Does anyone have an update from the Russian front for us?

 I still think we will trace the fractal (2012-2013). And are somewhere in the area marked in red. The scale is logarithmic. Linear-the place where we are going to be difficult to distinguish from the "floor". Hehe. (Я пo-пpeжнeмy cчитaю, чтo мы тpaccиpyeм этoт фpaктaл (2012-2013). И нaxoдимcя гдe-тo нa yчacткe oтмeчeнным кpacным. Шкaлa лoгapифмичecкaя. Ha линeйнoй тo мecтo, гдe мы нaxoдимcя бyдeт тpyднo oтличить oт "пoлa". Xexe.)

 

post today in 4:57 am Moscow time - https://vk.com/bitcoin_vanga

And post in in which projection coincides with the global projection MasterLuc - https://medium.com/@coinscrum/the-fractal-relationship-between-bitcoins-first-two-bubbles-and-what-they-might-tell-us-about-a-7c8df5fb9613

[Afrikoin]

https://www.tradingview.com/chart/BTCUSD/89wg3v5C-BTCUSD-Room-For-Another-Leg-Down/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

made a sharp decline yesterday seen as wave (a) from the high that can belong to a larger sell-off structure by three waves.

[Afrikoin]

https://www.tradingview.com/chart/BTCUSD/sWvCfYlG-BTCUSD-4-and-5-Wave/

Correction 4 Wave ~2000-2200
Next Target 5 Wave ~3200-3500 or more

[shannen87]

Afrikoin link=topic=1161207.msg19213288#msg19213288 date=1495817928]
https://www.tradingview.com/chart/BTCUSD/sWvCfYlG-BTCUSD-4-and-5-Wave/

Correction 4 Wave ~2000-2200
Next Target 5 Wave ~3200-3500 or more

So according to this chart we wont see anything below $2000 anytime soon

[Afrikoin]

Ethereum is headed for a 38% correction after big price rally, analyst says

http://www.cnbc.com/2017/05/26/ethereum-price-correction-bitcoin.html?__source=twitter

[Afrikoin]

Afrikoin link=topic=1161207.msg19213288#msg19213288 date=1495817928]
https://www.tradingview.com/chart/BTCUSD/sWvCfYlG-BTCUSD-4-and-5-Wave/

Correction 4 Wave ~2000-2200
Next Target 5 Wave ~3200-3500 or more

So according to this chart we wont see anything below $2000 anytime soon

definitely no $800 anytime soon 

[shannen87]

Afrikoin link=topic=1161207.msg19213288#msg19213288 date=1495817928]
https://www.tradingview.com/chart/BTCUSD/sWvCfYlG-BTCUSD-4-and-5-Wave/

Correction 4 Wave ~2000-2200
Next Target 5 Wave ~3200-3500 or more

So according to this chart we wont see anything below $2000 anytime soon

definitely no $800 anytime soon 

I take that as no to $1100-1500

[Afrikoin]

Bitcoin Price Analysis - Interim bottom

https://bravenewcoin.com/news/bitcoin-price-analysis-interim-bottom/

[Dakustaking76]

So After this weekend we Will go up again And up again 😬😬


We can go everywhere with bitcoin

Kraken iT was 1834 price And in 10 min its already 2052 now

[L0uis]

The master has spoken, again

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

[Afrikoin]

The master has spoken, again

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish