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RE: Is this why Elliot Waves show BitShares may attain a 875 BILLION market cap?
Who knows. It could be.
"Elliott Waves states that a news or an event shall arrive to justify the forecast, and not the reverse." - Haijen
Thanks for the comment. I agree. I think this news is definitely justifying the forecast. :)
I've read this too, and it seems like magic, very non-intuitive! I need to study this more. When looking on Wikipedia, it seems that there is conflicting evidence about the predictive power of TA. I think this is super interesting stuff. If anyone knows a good place to learn more about TA and why it works, I'd love to see it.