BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I am trying to get an idea on what kind of magnitude to expect from the primary wave 1 that is now underway; comparing it to the same degree wave 1 of the previous impusle wave. The P1 of the previous impulse wave range was from 2.22 to 7.38, so a similar move would be e^(((ln 7.38)−(ln 2.22))+(ln 219.03))=728.12. We should expect a similar mag move or bigger
It will not work. There is no Willy!
I like your comment, I like the TA above, and most of all I like that we might be about to find out whether BTC's price has been distorted by manipulation or not. ;-)
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