BTC analysis 04April18 Continuation

Hi all,

Quick update to one of my previous charts. Lower high has been confirmed as suspect uptrend collapses like i thought it was going to. It doesnt take a genius to determine what comes next. We are on the path to 6k while the longer term bearish indicators manifest(death cross, closes below 300D SMA). Inorder to jump start a bull run i think we need overreaction to the down side. Over reaction to the downside tend to follow up with over reaction to the upside. I dont see 6k as being that anymore. However i am not ruling out a double bottom. We await 6k and the market reaction to determine the next course of action. Until then we have continuation.