We see the current price movement in Bitcoin as choppy-sideways consolidation for a possible smaller sub-wave set of wave 1-2s. Once these finish we should see continued momentum to the downside.
News:
US Federal Judge Rules That Cryptocurrencies Are A Commodity - Price Manipulators Can Now Got To Jail
http://www.businessinsider.com/cryptocurrencies-federal-judge-ruling-explained-2018-3
Banks Versus Bitcoin: Advantages Of Decentralized Financial Systems: