The Chart details the way that I see 
BTC playing out over the next several weeks to months. While I do not have as lofty a target as many, I do believe the lows are in. However, with any large draw down we now have to have time to consolidate and form a Bottom that will then take us out of here to the next level, and ultimately the ATH of this cycle. The important take away are that I do believe we rally shorter term, but that rally will be short lived and end up failing somewhere between the .5 & .618 Fib level (NOTE: Fib from prior peak to current $30K Low). Once the we correct, I believe we will form a Higher low. Once we get our bottom structure, my best guess is we make another attempt at our prior levels north of $50K and simply consolidate before making our final ascent to our Final Blow off phase and make an ATH.
BTC playing out over the next several weeks to months. While I do not have as lofty a target as many, I do believe the lows are in. However, with any large draw down we now have to have time to consolidate and form a Bottom that will then take us out of here to the next level, and ultimately the ATH of this cycle. The important take away are that I do believe we rally shorter term, but that rally will be short lived and end up failing somewhere between the .5 & .618 Fib level (NOTE: Fib from prior peak to current $30K Low). Once the we correct, I believe we will form a Higher low. Once we get our bottom structure, my best guess is we make another attempt at our prior levels north of $50K and simply consolidate before making our final ascent to our Final Blow off phase and make an ATH. 
JT
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