The fifth wave of the first decline cycle (wave A) is coming, and when it falls below the bottom of the parallel channel, there will be a trend of accelerating to catch up with the bottom($4900-4600), and then a rebound cycle (wave B) will also generate a five wave pattern, with the peak price around $7800, an overall increase of about 60%, and the time range is...
The global economy is not optimistic in 2019. Once the real economic crisis breaks out, Bitcoin as a risky asset will only fall more tragically.
The real bottom is expected to appear in Q4, $2000-1500.
Keeping the principal is more important than anything...
Bitcoin "WINTER IS COMING"
2010/7 - 2017/12: 5-WAVE over.
Next 3 - WAVE adjustments in a BEAR market
Wave - A: 2017/12 - 2018/3
Wave - B: 2018/4 - 2018/6
Wave - C: 2018/7 - 2020/5
The lowest point may be $3000 or even $1100.
"WINTER IS COMING, ENDLESS NIGHT"