Where will BTCUSD go now?

My original prediction, still drawn on this chart with the BLACK ARROW, was not too far off, just a bit early. My analysis suggested that without any real upside advancement, BTCUSD would fall to near the $4300 level before finding real support. Where will BTCUSD head now? Up or down? Will investors find this new price level advantageous and dive in with fresh capital to push prices higher or will investors sit on the sidelines waiting for the real bottom to form?

You know, I took a bit of heat for my earlier post by certain people on Stocktwits and elsewhere. I'm even taking a bit of heat for my continued calls that the US equity markets will rally towards new highs by January 2019. Still, I would not want to be on the LONG side of BTCUSD right now or have been holding while prices declined from the $7000 level to near $4500 or below. That must have hurt.

Look, it is not about being right (well, in some ways it really is), but it is about being realistic. Where will it go from now? I will share my updated post about my future predictions next week.