Bitcoin is in a very interesting situation 
It is currently in what appears to be wave 3 of a bearish impulse.
around 3=1.618x1
But at the same time it could be the c wave of a zigzag. Let's look a little at that alternative count. 
If we zoom in a little, we can see how the clusters approach each other in areas of similar prices, and we can construct a Fibonacci cluster. 
Taking that into account, plus the wedge shape of the price, which could be the end of a wave 3 of an impulse or the end of a zigzag wave c
Using Elliott wave theory, we can think that there may be a turn in the Fibonacci cluster area.
Disclaimer: Educational purposes only. Not financial advice. Elliott Wave counts are subjective, based on probabilities, and subject to invalidation as new price action develops. Trading carries high risk—always manage your risk and do your own research.
Elliott Wave engine: https://www.mql5.com/en/market/product/181684
Auto Elliott wave mt4: https://www.mql5.com/en/market/product/173628


