BTCUSD Should head lower before sustained move higher

Bitcoin will likely come back down further from these levels. I am looking for a long timer sustained move higher from Bitcoin, but first another drop from these levels. The move from $1,300.00 to $2,900.00 was too large for a 1-month period. This would only be a correction. Bitcoin, based on its availability and accessibility is heading higher.

Notable:
• Government of Japan legalized Bitcoin 1st of April
• Australia latest government to legalize Bitcoin
• BITPoint to add 100,000s of Bitcoin payment systems throughout Japan

WIth continued accessibility and usage BitCoin will be more in demand over long term.