Incidentally, the correction lasted 8 weeks. I am always amazed at how often these things turn on fibonacci numbers, even after seeing it time and again all these years.
geometricThinking
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Bitcoin is just about to finish a 5th wave of a textbook 5-3-5 correction. That implies that wave 3 is about to begin. It ought to be an amazing opportunity to go long. Look for a bottom to the wave 5 sometime in the very near future ~ 80.
QuantitativeExhaustion
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Wouldn't mind seeing your BitCoin EW count.
geometricThinking
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I uploaded a broad brush EW count at :
geometricThinking
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I have taken another look, and believe that the actually correction ended yesterday at 90. The market has begun painting 5 waves up since then, so it seems wave 3 has already begun. I suspect this is going to be an exciting ride.
QuantitativeExhaustion
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How about telling us where you go to short the MtGox Bitcoin.