QuercusTrading

Bitcoin - Close to a bottom

Short
QuercusTrading Updated   
BITFINEX:BTCUSD   Bitcoin
Price has been consolidating for too long here, so it is more likely a Wave 4.

Unless price runs up above the 18k level, if not 14.5k should be target for a bottom.

Good luck.
Trade active:
While I would like to see 14k, we may or may not get it. Any shorts will be closed once we get to the LTF range bottom around $15.6 - 15.8k.

Idea for a long trade here:
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