The longest downtrend seems to be turning upwards, slowly forming a cup inside another cup will be managed to hit over 20k in the second part of May 2018, going up to 45k - 50k with significant correction down back to 23k.
In July 2018 news will massively 'bury' the bitcoin 1.36% once again, after what it goes up significantly making up to x5 from the lowest price which would turn up to 85k - 100k in the second part of August or in September.
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A-B-C correction waves are done, 1-2-3-4-5 waves start to form. 1st wave - top of the second cup; 2nd wave - bottom of the second cup's handle; 3-4-5 waves are as shown with arrows and bubbles.
If you count backwards, there's clear 1-2-3-4-5 - A-B-C waves starting from 15 aug 2015.
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Pay attention that all strong corrections are done in the area of fibonacci number. The previous four went down to around 1K, 2k, 3k, 5k and the current went down to 8k. The next two strong corrections will be in the area of 13K and 21K, as seen on the chart. Coincidence? I don't think so.