what do you think about below chart?
I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon
Per that chart, we have only completed Wave 3 of the primary third wave. This is the same count shared by several prominent EW chartists, and it's the one I prefer. As such, yes, the immense rise we saw for most of 2017 may be over.
However, that chart and count does not line up with past "bubble" tops. Per EW rules, the expected drop would be to the $1800-$3000 range, and it's even possible that the Wave 4 low was already put in place with the plunge below $3000 two weeks ago. In that case, we would probably see a prolonged sideways range until the next wave up begins.