Bitcoin Update, start of C wave

Bitcoin Update, start of C wave
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
victorcharts

Although it took a bit longer than i expected, bitcoin's C wave down has started. It should bounce around here for a few days below $8600 in wave 2.
The next event in bitcoin will be a collapse to the 5000 area and then a Wave 2 retrace, rinse repeat until all the weak hands are washed out.
Crypto winter is here.