End of 2014 Bear Market Prediction (update)

BITSTAMP:BTCUSD   Bitcoin / Dollar
This is an update of a chart I made 10 days ago (check linked ideas). I've added some inner waves and some corrections.

Yesterday's drop to $276 could have ended the (5) wave of C. You can zoom a bit to see the decomposition between (4) and potential (5). Long-term support, lowest-point after burst ($275), first level of fibonacci retracement are all pointing to this important level. If the ABC corrective triangle is over (correcting the Dec             . 2013 burst) we should be going out from the endind diagonal from the upside pretty soon. In EW and TA this pattern/figure is a bullish one.

However, we should note a correct counting is allowed with testing the falling wedge again (and old ATH             ). The counts would remain correct and stop the 2014 bear market aswell. C would be around January's end, ~ $257.

IMO if you're long-term bitcoin beliver this a nice time to accumulate. If not, waiting a possible drop to $257 or the breakout from big falling wedge could be a better idea. Good luck !
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