This count makes much more sense using the missing older data. Once the market breaks the lower channel line connecting waves 2 and 4 it signals a new cycle is underway (cycle II). See pink highlighted area.
We are in cycle III at this time. It is composed of 5 waves. Primary wave 3 is unfolding right now.
As you can see, this is a multi year bull market. It would not surprise me to see this cycle reach one million plus per bitcoin.
Please do your own research. Not financial advice.
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