The last two 1-2-3-4-5 waves have been nearly identical, only with a more shallow (IV) than previous.
So the shallower IV might mean a taller V, or extended V, which could fill unknown grey box until Fork.
After Fork, I expect a substantial pullback, more so than after the BTG fork.
The pull back coincides with the Thanksgiving Holiday in USA, meaning reduced liquidity.
US consumer will also be splurging on Christmas Shopping, which STARTS on Thanksgiving day now.
So a perfect time for the whales to release some FUD about crypto, and smash it down.
They will smash it down until what ''they'' think is a good price to buy again.
After the post-Fork Pull Back, I am assuming ''Business as usual'' for BTC
I have drawn a third 12345 (replicated) which seems to line up nicely with and Fib extensions.
Towards year end, I expect various US developments which will allow more participation from institutions.
Beginning of 2018, we should hear about various options for Hedge Funds, Pension Funds, 401k's, etc to participate.
And THAT is when the ''REAL'' climb in BTC will begin - when TRILLIONS of dollars are eyeing it, not a mere 100 Bil .
OK, maybe pure fantasy, but hey, if you don't have a map, you don't know where you are, right?
Wishing everyone the best of luck!
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