Updated Clif High Forecast for BTCYes, this post is about Clif High.
I just used straight trendlines to depict the trajectory of the forecast here. IF it plays out, the path will of course be much more wave-like, etc..
Let me quickly remind you that this man was telling the entire world to buy Bitcoin over 10 years ago back when it was around 8 cents.
He also said back in 2018 that there would be a huge pullback on the price of Bitcoin around the $64,000 mark at some point in the future. Sound familiar?
Here is his updated forecast for Bitcoin as of May 2021.
Imagine a 95% retracement after BTC hits somewhere around the ballpark of $250k.
Then seeing BTC go from $12,500 to $2 million in less than a year. Time will tell.
(not financial advice ;)
Clifhigh
Bitcoin, Clif High and the $65kAs described on Patreon....
Here is a quick update on the previous BTC study, and demonstrates how $65k will be exceeded before the next significant correction. And as per the title, I recognise that this is the prediction Clif High (of Web Bot fame) has made recently. In fact, he suggests a specific pattern before BTC hits $100k, being three transitions through $65k as follows:
1st Transition - Break above $65k
2nd Transition - Drop below $65k
3rd Transition - Rally back over $65k on its way to $100k and his long forecast $100k Bitcoin parties.
So in the context of Clif's predictions (and I don't assume familiarity, but everyone seems to call him that) this study demonstrates how the current path leads to the 1st Transition above $65k.
The Clif High Scenario as an Elliott Wave CountWith a healthy amount of skepticism, I thought I'd plot this just for fun. Can't hurt to dream :)
I find it interesting that what he describes is more or less an Elliott Wave cycle and the numbers seem to have a fairly spot on fibonacci relationship as well.
"We are not quite sure as to why bitcoin loves them 'eights', but without regard to our lack of
understanding, the next 'eight' is showing up very strongly in the data as '38,008'. This number is
strongly repeated in the new data processing. It first appears in very late April, and then grows as
modelspace is moved into May. The growth rate is very rapid from the end of the first week in May
continuing through at this pace until late in July. That the data sets have the 'Summer (northern
hemisphere)' being a period of 'trying/testing (of) mental (hardiness/toughness)' is not contradictory as
the data is forecasting the 38008 in the same manner as the previous occurrence of 13880s. Thus we
may be seeing the 'inflection point' around which Bitcoin will build 'resistance and floors', and 'new all
time highs'. These sets are not impacting previous forecasts of Bitcoin prices scaling towards 100,000
around the end of the year...
The 'eights' sets, have at the core at this time, the established '13888' that appears first as modelspace is
moved into about February 11, 2018. This set continues through to nearly the end of March at which
point no new growth for '13888' appears. As modelspace is moved through March 18, 2018, new
supporting sets appear for the 'disruption (break-through)' of '13888' with the first appearance of
'28000'. This set is small relative to the totality of the 13888 set, and is also brief, being replaced by
'38008' as modelspace is moved through into late April. This replacement number then takes over the
primary growth position within the Bitcoin sets, and maintains that position thereafter. Additional new
growth around the '38008' number continues at a very rapid, and robust pace as modelspace moves
through all of May."
For more go to Halfpasthuman.com
Watchlist update 01 | DGB, BTC, SUB (Expecting pullbacks)Hey guys, this is a quick overview of a few of my watchlist items. Keeping to the Tradingview 10 minute limit until I get something on Youtube sorted out, I decided to start doing updates on what I'm looking at in the markets. I'll try to quickly work up toward publishing one of these daily with regular updates of all of my main ideas as well as updates on future projects if they arise.
This update quickly skims over SUB and BTC with a shoutout to the fella who recommended that I begin doing some T.A. on the USD pairs against the BTC pairs for comparison. The differences are quite telling and so he has a point, I completely agree!
Here are some cool articles to chew on for today regarding the state of the market.
Here's the link to that awesome Substratum (SUB) review mentioned in the previous idea:
youtu.be
A link to Clif High's website:
www.halfpasthuman.com
Digibyte: www.digibyte.co
Substratum: substratum.net
By the way, apologies for the microphone blowing...I'll take the mic out of my mouth next time :D
I believe this is the bottomI'm a total n00b, but charted this the other day and so far so good.. so thought I'd publish it. This is mostly based on my understanding of Clif High's data and my limited understanding of chart predicting, plus some intuition. I'm learning.
Mid to late February I'm expecting a new base support of ~$13,880 (so that's what the blue star indicates). Red lines are trending supports. Green lines are trending resistance. Blue lines are expected trajectories. We shall see.
Clif High on the money again with $BTC...breakout around 2/15!!Clif High's predictive linguistic data sets mentioned leaving the $13,888 by mid-February and continuing on the new breakout path then. That seems to line up perfectly with the tightening triangle we've seen for the past month and half...Clif predicted this in early 2017...if you don't read his reports, you should!