The two charts seem similar for the untrained eye.
But there is a crucial difference for a cycle hunter.
Using data from Bitfinex would make the analyst throw away an hypothesis while Bitstamp would make one keep it.
Going over heaps of data, I know which to trust of these two: Bitstamp over Bitfinex any day.
The rumor has it that BTC is a "king" in the cryptospace after XRP tanking.
Personally, I think that is just a delayed illusion.
In my idea, The Genesis experiment, I calculated the low date (22-24 Jan), now I also call the high, today 27th of December.
Can we use what we know about Genesis to predict the future outcome of BTCUSD or its trend? Well, that depends if the genesis block is significant to BTCUSD. This idea is an experiment to check for such. So no trading advice, only a sidelined observation based on ancient mathematics.
Working on precision is important before making commitments.
Refined the model somewhat.
SPX is in an uptrend and will be so for a while longer the way I see it.
Estimated dates on the chart. Please give +/- 1 trading day within 90 % of the occurances for the trend pivots to play out.
Price is not calculated.
Till 11th it will be a difficult asset to sell short due to the timing intervals present.
I have a shorter timing pivot low at Dec 3rd (relative to the pivot 26th), but that is of minor importance. Keeping longs till 11th is preferred strategy and adding on eventual dip the 3rd if it occurs. At the 12th its time to unwind longs till Xmas.