If ETH drag us into the fall soon, we could see BTC go to next trend line support at 3450€.
As long as actual trend line support keep the price over 5000€ we can have a new bull run, maybe around 03/2019 if it stays flat.
Not a forecast but just to see why shit happened :)
No more orange trend support but who knows, it can bounce on blue supports and create a new trend support over time.
The question is : will it drag BTC into the fall, or will BTC save ETH
looks too dangerous to long in this bear market now, there is more space down of the channel now.
Waiting for a pullback on the green channel,
or breakout of the bear market red channel.
