Bitcoin continues in an ABC zigzag structure as first discussed on Dec. 22, 2017 where a low of 11159.63 set and is expected to be re-tested as wave "C" bottoms. Expect a bottom of at least 11159.63 to be tested prior to this structure completing upon which look for BTC to again advance in 3 wave pattern. A likely re-test of the former 11159.63 low will likely occur on futures expiration on Jan. 18th or in the proceeding 3 days. Therefore, Expect Volatility to be at highest during the week of the 18th - beginning 3 days before and continuing through futures expiration. All futures prices are to used based on Gemini exchange price, therefore futures closing price for Bitcoin could see other potential issue from extreme volumes on the website. Therefore, capacity could become an additional factor in determining price extremes through closing day. Good luck and watch for opportunities which doubtlessly will be presented for trading or longer term holds of Bitcoin.
