Bitcoin Lengthening Cycle Theory
• Maintaining Elliot Wave Theory (12345)
• Wave 4 Pullback To 200MA (History Shows These Are Accumulation Zones)
• Sept 2021 -> Sept 2022 = Long Term Capital Gains Tax
• Supports Lengthening Cycles Theory
• Supports Predictions Of 200K @ 2.272 Extension
• Possible Rejection From The 0.702 @ 50k (History Shows This Is Critical Resistance)
• 16k Swing Low/20k Swing High (Obvious Support Targets)
“People are panicking and we haven’t even hit the previous all time high yet” - Benjamin Cowen
“The best time to buy Altcoins is in a capitulation event like in March” - Benjamin Cowen
• Wave 4 Pullback To 200MA (History Shows These Are Accumulation Zones)
• Sept 2021 -> Sept 2022 = Long Term Capital Gains Tax
• Supports Lengthening Cycles Theory
• Supports Predictions Of 200K @ 2.272 Extension
• Possible Rejection From The 0.702 @ 50k (History Shows This Is Critical Resistance)
• 16k Swing Low/20k Swing High (Obvious Support Targets)
“People are panicking and we haven’t even hit the previous all time high yet” - Benjamin Cowen
“The best time to buy Altcoins is in a capitulation event like in March” - Benjamin Cowen
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