Description
⋅ I think that the bottom is yet set.
I feel that a last drop with "blood on the streets" is around the corner.
Time wise, i think that the last move will happen in Q2 2019.
After that the consolidation period will commence.
According to this idea, we might see BTC as low as 1850, but in different analysis methods I expect a bottom at 2600-2800 USD
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⋅ We will have to wait and see how BTC will behave if it goes to 4.5 - 4.8 k in order to confirm the pattern
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⋅ The pattern is getting confirmed as btc went up to the 4800. it overshot that is expected on a strong move like this
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⋅ Adding shorts positions