Bitcoin... Are we dead? Are we crashing? Where and when is the true bottom???

So... A hot topic at the moment, Bitcoin... Are we dead? Are we crashing? Where and when is the true bottom???

This is our count at Love For Crypto!

As you can see, the descending triangle pattern has just completed wave C

As we touched the support line the RSI was showing Bitcoin as over sold thus a influx of new money came into the market.

As we meet the physiological $7,000 barrier we need the volume to increase so we can rally towards $8,000 completing off wave D, we then expect a final push down from the bears to try and empty those weak hands completing wave E.

We expect this process to take around 3 weeks from our current position, with highs of around $8,150 before breaking down and then finally hitting around $5850 before we see the true Bitcoin rally for 2018

Hope you enjoyed the read (PS - this isn't financial advice)