Elliot wave theory (the macro outlook)

I won't explain what Elliot wave theory is here, but I will post a link for you to do the research on it if you are unaware here. investopedia.com/terms/e/ell...

In short cycles tend to repeat and Elliot waves is essentially how it's done. There are rules to how it works and what is required to be considered. (check above link for education on it) There is no doubt the the first 3 cycles of Bitcoin were text book Elliot waves. The question I am proposing is will it follow the first wave fairly similarly? If it does we have a long way to go with lots of legendary potential. It's also the best way to look at investing on a macro scale.


*Those who don't know their history are doomed to repeat it*