Loading ...BitCoin (BTC) and GBTC update
BitCoin and GBTC appear to have found a Trading or Daily Cycle top yesterday on day 20. Note how the Blue Fork in the attached link turned Price back down. Picture perfect.
https://surfcity.co/2017/08/15/bitcoin-gbtc-update-5/
Could also now have a completed EW structure (top of 5th and final wave), and so far more than a daily top.
Pedro, You may well be correct but the current short term Trading or Daily Cycle will be very Right Translated in terms of Time and Price with a 20 day top. Normally, an extremely right translated cycle like this is followed by another cycle that does make a higher high. That will be my assumption and approach into the next TCL/DCL.