I think Bitcoin has bottomed out. It is repeating its meanwhile nine months old pattern on a smaller scale. While the higher time frame is still producing lower highs, the smaller pattern imitating it is making higher highs but lower lows or more like same height lows. I expect that the pattern will move towards 6900 before repeating the heavy sell-off segment....
Call me an idiot but I think the direction from here is inevitably to the upside. If it will be the final bottom, I dont know that, but I think it is. I can imagine BTC going to 10k in December and a continuing bear market to low 4k range in Q3 2019. Maybe a catastrophe can make 2014 repeat in 2019, but it would need a fundamental catalyst to happen. Hence I tend...
