Seems BTC has been on an ABC corrections ever since it got close to the $20ks. If this is true then the C wave should be 1.618 of wave B, in which case we could see a drop down between $5.9k and $6.1k.
Trade active:
Less than $1k to go before reaching our target and touching the bottom of wave C. a bounce up between $11.5 and $13k will be the next bull run. But first lets finish this C wave before riding the bull.
Trade closed: target reached:
As predicted BTC hit as low as $5.8k, this should complete wave C. A run up to around $11.3k and $13k is now in play.