The chart is so clear. We are going to 5200 and from there we should see a strong bounce of the price.
Then our target will be : 7100
And from there if btc repeat 2014 behaviour, we should see a nice rally and never back to 4800-5200 level.Otherwise there is a chance that after 7100, btc test 4800 level.
Let's see how it goes.
Chart is so clear. You clearly see we are losing pressure in downtrend. So there is one thing that i'm sure about:
We are in the last stage of this downtrend. This dip is last dip. then we should see a nice rally. Minimum target in this case is 12000 USD.
However we dont know where the bottom is, I'm sure that this bottom will never touched again in future.