Bitcoin long term bottom approaching

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1268 4
Today an EW count for BTCUSD was clarified by some corrective behaviour and price level breakouts. we are now in a corrective wave IV, heading towards the territory of wave iv ( III ) cerca 450. This points to a long term bottom in the mid 200s in around December. this will serve as a base for price to move above all time highs to complete a grand cycle.
From an EW perspective the bottom does not seem to be in yet although it was great to see this play out for trading purposes.
Since this is Bitcoin, I don't think that we will see bounce that is that strong anymore. I doubt the price will get higher again than $390 at the next bounce from around ~$300.
Go bulls go
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