So far, my most probable wave B was in December 2013 - January 2014, from a bottom of 380$ top a top of 990$, so about 2.6x rise.
To take another one as THE wave B I'd like to see price go higher than 430$ (over 2.6x from the January bottom of 166$).
I find unlikely the next leg up (which seems still possible) to have an amplitude over 100$, because that's how much this market
allowed from very oversold to very overbought during the last couple of months. So I find unlikely for a wave B to reach over 380$,
while the real one should be close to the June 2014 top of 685$ (and the March top should have been around 450$).
OTOH squeezing a whole wave C in the time remaining to the block reward halving shouldn't be a problem if the market picks up speed.
In such a case, with the same % drop as from 1175$ to 166$, we could end up with THE bottom around 50$.
A chart would help to illustrate all the above.
Found this on a different EW thread
It's obvious, to the point that it's largely ignored here because it doesn't resonate with the echo chamber.
spoiler: wave 1-5 also add up - since the beginning....
Whilst I don't discount the notion that we very well could be in a wave B of the overall downtrend, I do reject the idea that wave B would only reach ~$316 USD as retracement from an A that fell from ~$1100 to ~$155. The ratios just don't add up.