Bitcoin

Update 28th August 2020

By assigning Cycle degree I and II then this extended Primary wave [2] is a variation on the earlier Cycle degree bear take that can also accommodate the previous bull take if [2] replaces (A)

From - 3rd August:

The bull trend take for Bitcoin is reflected here against the USD.

It describes the development of Primary wave [3] as being mid-wave within Intermediate wave (3). However, the achievement of adequate clearance above Primary [1] for the accommodation of Primary [4] appears to remain a long way off.  

My numberings:

26th July:

The bear trend take for Bitcoin is reflected here against Sterling.
It appears to point to the next US elections for the conclusion of Cycle II. It assumes that the launch to the peak was a rapid Cycle I, which possibly overstates the order but is otherwise irrelevant. The appearance of 5-3-5 zigzags lends credence.

tuum fatum, signatus

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