RE: Bitcoin (BTC) Evening Update: New Target $20,698...My Analysis Explains in detail!

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Bitcoin (BTC) Evening Update: New Target $20,698...My Analysis Explains in detail!

in bitcoin •  7 years ago  (edited)

Stupid question probably, @Haejin. But why is the third wave 2.61 times the length of wave 1? Is that one of Elliot's rules of thumb?

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I believe it would be an estimate in reference to the Fibonacci ratio.

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