My optimistic prediction of $BTC short-term future and hitting the final bottom. The bottom could be around $1800, the final 5th leg down, before another bull run starts. Getting ready my buy positions around 2500 and below. The alt coins most will likely follow.
Looks like we might have just entered the 5th and last bearish wave (Elliott wave) before possible new bull run. If we go below 1192 we might re-test 1160 and eventually test 1130 and possibly even 1100. I guess we are only few candle sticks away from finding out which way the markets will go in upcoming weeks.
Opposite scenario: The only thing that could save...
Gold currently retracing to test the levels around 1204-2 to head higher above 1217 and continue to test +1240. If that resistance is broken a new bearish trend will be confirmed if the resistance level holds we might head down below 1200 to retest 1160 and possibly lower.
