We are definitely getting close to a bottom if this recent low wasn't it.
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With the most recent activity in the crypto currency market I think the prices need to go lower. We didnt see a pop in price but rather a break below that predicted trend once more news from korea came out and there was yet another heist. Seems like there is more flushing of the weak players in the space before we see an actual big move up. If you look at the fibs on this chart I am looking at the price action down to mimic what happen at the top which would not put my buy zone around $75 which should occur with 3 or 3 weeks time.
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Buy zone is now $75 to occur in 2 to 3 weeks.
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I am looking to buy between 120 and 140