Similar to my comments on REQ, we are nearing a bottom rather than starting a bear market. Log Fib extensions give me $5-30 range for a target.
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Possible Leading Diagonal in BTCUSD and also a inverse Head and Shoulders (5 Min hart) to support Diagonal. On top of that, possible massive Ending Diagonal (Daily chart) for wave C that started on 5th Feb 2018 and could be just now ending, with this being Throw Over.
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*5 min chart
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Same here...Not saying for SURE the bottom is in, but it could be. I would want to see > $0.015 for a higher level of confidence.
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BTCUSD market sentiment: What is crazy, and supports THE bottom being in, is BTCUSDSHORTS are actually going UP....meaning MORE people are going short.
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Not much has changed....other than the timeline. Shift my circle 1/2 count to the right, still looking at green wave 1.