I think there is a good chance that this is the bottom in BTS or very close to it.
The elliot wave count at this point looks simple enough that even I, an amateur, can count it:
I labeled the august rise as a I, because it was the first major move up since BTS began trading this summer. Of course, people paid various prices for their BTS by donating to AGS or donating PTS, but I dont know how to count all that.
The entire decline since August looks like like a 3-3-5 ABC. Wave 3 of C extended due to the terrible sentiment at that time, due to the dilution and merger and all the associated pain.
Note the divergence in he MACD. We are at a slightly lower low for wave 5 of C of II, but the MACD is much higher.
The blue wave III arrow is not meant to indicate a timeframe or a price target, it only indicates that the next rise has begun.
Note that wave 5 of C is not necessarily complete yet. We could continue down into new lows to complete 5 of C. The decline could be over but it is not necessarily completed yet.
A rise above .117 CNY or so should indicate that 5 of C was finished and we are in wave 3.