Agony
Long

Semi long Term BTC

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bottom where are you ? For me it's around 2300 - 2500.
Using the pole A of the descending triangle and using the ratio of the first wave i belive there's value at the 1.618 level.
The retrace of the wave 4 to 0.382 (8000) should be gentle considering the past second wave but might even spike, after that a truncated wave 5.
We're still in a bear market that might last until the next block halving around May 2020.
All in all interest in bitcoin is rising so we'll see how this evolves.
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