The bottom hasn't been reached yet.

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
According to my previous analysis there is the SMA analysis.
In the 2011 - 2014 cycles the price bottomed on 100 SMA .. In the 2014- 2017 cycle it bottomed on 200 SMA ..
In this cycle will it bottom on 300/400 SMA?
One thing is sure.. We need to drop again.. 2300 - 2800 could be a realistic bottom zone..

It is not a financial advice!!

"One thing is sure.. We need to drop again.."

berto.1986 voidarkterror
@voidarkterror, I think so because Stoch Rsi is on the weekly chart overbought and he price is near the bearish trend line and MA 25 that was a strong support in the bull market and a strong resistance in the bear one.
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