BREAKING NEWS – LONG TERM TOP IS IN

Summary:  Geometric Thinking has concluded that the 11/10/2021 high is likely a VERY LONG TERM BTC high.

We can not explain all the reasons for this conclusion here.  But we can point out a few important points.

A) The weekly chart shows 5 waves going all the way back to the very early days of btc.

B) Wave 5 subdivides into 5 waves.  Beginning in 12/2018, ending in 11/2021.  Not quite 3 years.

C) Price-time touched the 5th ap of this very long-term setup.  See circled area.

D)  The ATH is a harmonic of PHI.

1.618 * 1.618 * 100 = 261.8

261.8 * 261.8 = 68,540

Of course all exchanges have a slightly different ATH but each one is VERY CLOSE to that ideal number.

Bitfinex’ ATH was 68,958