Too Long; Didn't Read
Bitcoin author, analyst, commentator: People have created lots of models about bitcoin. One model is Elliott Wave Theory, which fits cryptocurrency very nicely. In this theory, markets move up in five waves, then down in three waves. Could we have started wave 3 of a five-wave uptrend that sends bitcoin to an unthinkable price? As an investor, it’s pretty important to have a clear view of the market and facts to back up your instincts, even if you can never know what's around the corner.