This is an update on the forecast of bitcon vs dollar (BTCUSD) starting from 11 Dec 2017 forecast to 6 July 2018. The initial forecast puplished on this site here.
5-Layer Model Description
The 5-Layer model provides future price directions in 5 different resolutions:
(1) Yearly model, (Dark Blue), corresponds to a ~250 bars detrended cycle
(2) Quarterly model, (Light Blue), corresponds to a ~100 bars detrended cycle
(3) Monthly model, (Green), corresponds to a ~50 bars detrended cycle
(4) Weekly model, (Orange), corresponds to a ~20 bars detrended cycle
(5) Daily model, (Velvet), corresponds to a ~10 bars detrended cycle