This "Should" be the bottom

Ok... My last bitcoin I admit was premature... Wasn't the bottom yet... It was aggressive and failed. Hey I'm human and don't always get it right. Now after this latest drop I admit bitcoin looks a lot more healthy in order to be able to move beyond the ATH high now. The bottom should be here or around here. If we drop beyond the prior low then bitcoin has problems. As of now the Bull can continue and a completed EW as shown should also confirm its good to go from here.... Mt. Gox paying people is supposedly weighing on the market. You can't always count on TA when you get news event that affect the direction strongly. It also hit the fibs at the bottom and a strong trendline is also providing support.
Trend AnalysisWave Analysis

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