Dusting off my bitcoin chart I noticed we may still be in the corrective wave 5, that has structure, and that it's A = 5000$, so if C = A we may see another 5000$ drop from recent highs, pointing towards 4500$ level which was marked in my last BTC analysis.
This is just my observation, I have not decided to get back in this yet, some shorts I had were closed due to very tight stops, so I'm on the sidelines now and would stack up massively if this dip occurs as it should indicate that this thing still follows EW theory meaning it's upcoming jump will take us much higher than the last one in December '17.
Remember: when mainstream altcoins follow BTC in real time, i.e they don't rally massively or drop on their own but instead only react to what BTC does - we are still in the bear market.
And many ask Why should there be a major pump ever again? - well, if we take a look at top 100 wallets in BTC and other major alts, you will notice 99,5% haven't sold any coins at all since inception and that is a useful indicator when deciding which alts to trade as the XRP, TRX and EOS developers are holding massive amounts of coins they will dump once the price goes much higher - and they will do their best to make sure this price is as high as possible (e.g. what Charlie Lee of LTC did).