BTC/USD looking for the bottom

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
There are two models for the current market trend. One can be seen in orange the other in blue.

While I think that blue is more unlikely to happen as it seem to artificial, I still place it there as a possibility. (I give it 1/5 the rest is blue)

However indifferent of which one of these two manifest itself one thing is for sure, we will hit the next fib level at 4.8k.

The range I would take in account would be 5-4.6K.
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