BITCOIN PRIMARY & WEEKLY CYCLES
If we trade BITCOIN using the same patterns that occur in Index markets, then BITCOIN should move upwards and re-test the previous break-out around 5800
And ideal pattern will be to use next week's Monthly lows (December) for a swing upwards, as high at 6100 - 6900
However, following the Dilernia Principles, then BITCOIN should make another push lower in early 2019 to new lows, or around 1920.
IF BITCOIN IS TRADING around the 2019 lows in the first quarter, perferrably in MARCH, then hold BITCOIN to the 2019 Primary highs (EXIT) (Previous Report)
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For those now long BITCOIN using the DECEMBER lows, the target is to retest the previous support levels @ 5800 and as high as 6200/6900USD.
However, if it doesn't reach those levels in the last week of December and 1st week of January, then my expectation 5,067 will become another resistance zone for BITCOIN from 7th January to follow the 2nd Yearly move down towards the 2019 lows.
If this plays out, then those lows form a LONG and HOLD position towards the 2019 highs by the end of 2019 ( EXIT & then RE BUY using the 2019 50% level for a move higher into 2020