What about now?
The BTCUSD 4h graph is drawing a triangle, losing volatility. Which side it will go? As 305's is crossing down 610's all medium term averages are set and confirmed downtrending.
I believe 65k is next target.
So in daily BTCUSD we have completed Elliott's wave 5.
Considering the doji as wave A 100% fibo, there's a 141,4% projection down to 65k near the Phicube's MME610. There are lower lows and lower highs being made.
There's another reading that the low around 78k was Elliott's C wave and we are starting a new cycle. However, the white LTB must be transpassed to...
BTCUSD Bitstamp has almost fullfilled it's 168 fibo and now should complete it's movement down to 111.
Phicube EMAs are pointing and allowing multiple steps until fibo's goal around 80k
