Bitcoin - has completed a corrective structure of the correction off Dec 2017 top

Bitcoin is approaching an important target of 3090 where the final (a)-(b)-(c) of the wave ( v ) may get completed. 
3,090 is 176.4% extension of wave ( a ) which a very typical extension for completion of the wave ( c ). 
Together with a very completed micro five wave structure of the wave ( c ) of ( v ) that creates a high probability LONG setup. 

At the moment we witness an extreme bearishness about bitcoin. Yesterday I saw a headline “Bitcoin is dead”. <p><strong>By this moment the vast majority of bulls threw in the towel. That is a perfect condition for start of a rally.</strong></p>

Bitcoin - Daily chart updated on 15 December 2018

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