Is this why Elliot Waves show BitShares may attain a 875 BILLION market cap?

in cryptocurrency •  7 years ago 

One of my favorite crypto analysts @Haijen says Bitshares (BTS) may attain a 875 billion market cap. Since they are now partnering with AriseBank which is about to acquire an FDIC Insured bank I can now see that happening. Great article https://www.huffingtonpost.com/entry/cryptocurrency-bank-arisebank-to-acquire-fdic-insured_us_5a32bad1e4b00caf3d59eb28

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Who knows. It could be.

"Elliott Waves states that a news or an event shall arrive to justify the forecast, and not the reverse." - Haijen

Thanks for the comment. I agree. I think this news is definitely justifying the forecast. :)

I've read this too, and it seems like magic, very non-intuitive! I need to study this more. When looking on Wikipedia, it seems that there is conflicting evidence about the predictive power of TA. I think this is super interesting stuff. If anyone knows a good place to learn more about TA and why it works, I'd love to see it.