We have identified a major if not the Bitcoin top with surgical precision. We were bullish and forecasted higher highs until December 8th. 2017. That day we projected one last wave into a new top, which we forecasted to be at least a major if not the final top for the Bitcoin.
Our next update on December 17th 2017 called the top within a wedge formation in real time. The key takeaway here is that we were bullish and did not persistently call a reversal. This was our very first call of a significant top!
We concluded that the Bitcoin bubble burst and ceased our cryptocurrency coverage on June 2nd, 2018. The very first chart below shows Google searches for the term Bitcoin. The hump shape is very typical for bubbles that were observed in the past. A very similar function can be found in epidemics research. It depicts mathematically how epidemics spread until they disappear. The parallels regarding epidemics and past bubbles were observed by Professor Robert J. Shiller from Yale.
The peak occurred in Dec. 2017. We see the chart as substantial evidence to our interpretation that the bubble has burst. We were among the very few who identified this within hours as it happened.