My friends please don´t spill the moldy milk on me. This above is only my idea/possibility about the Bitcoin Market Cycle. If you follow me, you already know my style. Please look at the log picture and decide yourself how it looks. For me it has place to go downside, but it can go also up to ressistance once again. If the Market Cycle plays out we have the 1. Buy on the 0.786 (5000$) and if it falls deeper, the 2. on the 0.888 (3000$). Don´t forget - for a good sleep, you need to trade big picture.
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Everybody´s talking about end of correction and buying Bitcoin. I would not buy Bitcoin yet. End of story.