Here's my idea on the recent Bitcoin dump. Looking at all top's there will be a little pump to $7200 zone followed by a bigger drop, forming a copy of all previous corrections. With the eye on the CBOE ETF and the timeframe I think BTC will test the $5900 range one more time. If the ETF get's approved new money will enter the crypto space ending the bearish market. If the ETF get's rejected i expect a little dump and BTC will continue the bearish pattern until 2019.
Just my two cents, let me know what you think!
Just my two cents, let me know what you think!