Bitcoin Liquid Index
Panjang

Bitcoin 5th Waves in history; $288K coming?

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The intermediate 5th waves in Bitcoin's bull markets since its beginning:

2011 Extension of the 2nd, 3rd, and 4th intermediate waves yielded the 4.236 at $4.52; Bitcoin went to $31.90 in June 2011, a 7.1 fold increase beyond the furthest extension

2013 Extension of the 2nd, 3rd, and 4th intermediate waves yielded the 4.236 at $1187; Bitcoin went to $1177 in Nov 2013 roughly equal to the furthest extension

2017 Extension of the 2nd, 3rd, and 4th intermediate waves yielded the 4.236 at $12913; Bitcoin went to $19764 in Dec 2017, a 1.5 fold increase beyond the furthest extension

2021 Extension of the 2nd, 3rd, and 4th intermediate waves yields the 4.236 at roughly $288K which corresponds with Plan B's STFX model; will Bitcoin reach at least the 4.236 Fib extension for a 4th consecutive time? Time will tell.

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