After what might have been an extended wave 5 BT could expect a protracted fall to around the level of wave 4 of the climb up. The massive drop of 25/01/17 may be the start of an accelerated decline in a wave 3.
Note
Has broken the downward trend line. The beginnings of a base perhaps?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.