Great analysis. I have been tracking btc via the U.S. exchange traded tracker GBTC. Altho there was no short term sell signal as of yet, the chart is showing as a short term confirmed top by my indicators. And there are lows below that need to get taken out down to 160.00. I think that would translate to a bitcoin price somewhere around $1500 or so. If this ends up being the case I might just buy lunch for the person who has the "guts" to say >>> "Buy the pullback!" at the right time. We might just see euphoria morph into outright panic...all in a 7 day trading period. But that's what happens when you actually "think" the market in bitcoin is different than any other market. It's all a matter of fear vs greed. And rarely do we see greed reach the euphoric levels we just saw in bitcoin. The GBTC chart. It can still save itself with a short term buy signal. But a short term sell signal at a lower high would be absolutely deadly. I will update the GBTC scenario at my blog here.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gbtc&x=35&y=8&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11