SUMMARY
I think Bitcoin (BTC) is VERY close to a BOTTOM! First, the video contains best details of this analysis. Second, the chart below shows Elliott Waves with as many as five degrees of trend! Basically, the C wave of the A,B,C expanded flat is near finished. The white vertical line is equal to the price height of white wave (i). Overlaying that vertical white line from the peak of white wave (iv) shows a potential target for a bottom of this correction. I used the white wave (i) price height because since white wave (iii) is extended, then most likely, white wave (v) would have a price height equal to that of white wave (i).
Belos is the chart with an ultra high resolution chart microscopy at 5 minute time frame. I've labeled the sub wave of the final wave five down and it targets $6,013....this is a probable Bottom TARGET for BITCOIN!!!
The bottom could be put in within few hours or so; IF this is correct, those in the US East Coast may awake to Bitcoin SURGING in price. IF also, Bitcoin Cash (BCH) is for now inversely related to Bitcoin (BTC) (e.g. Non-Phasic); it could have a decline within the same time frame. VIDEO has TONS more details!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**