At this point, it's pretty obvious we've seen the top. See my linked idea; I called this half way through December last year.
This time I'm going to make these predictions instead, in confidence order;
The bottom is 30k.
The bottom is in on the 2nd of February.
The next leg up lands around 46k.
Between now and Christmas, I expect us to drop to 42k in light of heavy resistance around the 47k mark.
If we start to recover around the 42k area and push up to 47k, we can see a cup forming. A subsequent dip to 45k would complete a C+H, which would look great for BTC - we may end up with enough momentum to push straight through the Bear Arena. This implies a...
If in doubt, zoom out.
Zooming out to the weekly chart presents some worrying similarities to what happened in 2017, and it seems as if nobody is talking about it?
