TLDR
The Bitcoin Price in the Long Run (Part 1 - The Role of Social Mood) is part 1 of the long-term analysis of the bitcoin price chart based on the technical perspective provided by the Elliott Wave Principle (EWP) This article is an introduction to EWP while part 2 will apply the principle for price and date targets. EWP was proposed by Ralph N. Elliott in his 1938 book "The Wave Principle" The proposal is counter-intuitive, at first, because it argues that markets are not driven by fundamentals or news, but instead by "social mood"via the TL;DR App
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