Two potential scenarios to consider at this juncture...
Leading Diagonal (1st chart)
A completed Leading Diagonal rising from the 18-DEC-2019 low to 10-FEB-2020 high...
Confirmed if price declines below the 04-FEB-2020 low.
Eliminated if price advances beyond the 26-OCT-2019 high.
Impulse (2nd chart)
An ongoing Impulse rising from the 18-DEC-2019 low...
Confirmed if price advances beyond the 26-OCT-2019 high.
Eliminated if price declines below the 04-FEB-2019 low.
https://i.imgur.com/R32NwEZ.png
https://i.imgur.com/NPDIDZ3.png
Leading Diagonal (1st chart)
A completed Leading Diagonal rising from the 18-DEC-2019 low to 10-FEB-2020 high...
Confirmed if price declines below the 04-FEB-2020 low.
Eliminated if price advances beyond the 26-OCT-2019 high.
Impulse (2nd chart)
An ongoing Impulse rising from the 18-DEC-2019 low...
Confirmed if price advances beyond the 26-OCT-2019 high.
Eliminated if price declines below the 04-FEB-2019 low.
https://i.imgur.com/R32NwEZ.png
https://i.imgur.com/NPDIDZ3.png
Leading Diagonal scenario eliminated.
GBTC (1st chart): two Impulsive scenarios, Standard vs Extended.
BTC (2nd chart): one Impulsive scenario, Standard.
