My vision for eliot waves for current monthly cycle and subcycles.
+ MACD looks like 27.012014, coincidence? i dont think so...
Update to my previous comment, defintly we ended 2 years cycle, but from qustion "we are in wave 4 or 5" depends depth of curent corection. Weekly macd crossing always histoically started long bear market. Based on time analysis i dont see potencioal for more growth before reaching 7,5 k (or even 4 k). Only posibility is to close curent cycle and start new one.
@rekinyinternetu, Too many pepole waiting to reenter, so we have atleast 1 more bigrun in hand. BTC for now is in media attention phase, it is doing local small bubble patens but at bigger picture it is looking quite good. so yes i think we might see 6 digits btc if not in 2018, than in 2020 after 2018 bear year and 2019 consolidation year.