had a monthly pullback that culminated in the drop
to $460. If you look at the fast moves almost straight down, it is clear this was a pullback and not a trend change. If there's going to be a lower high to set about a trend change, knowing BTC
traders it's likely to take place around 4500 CNY
because that's where the new downtrend line is. Personally I expect it to break through and make a new ATH
by 2017, but one step at a time here.