Should reach bear market's end by February if history repeats

5 Des 2018

I don't see the bottom being any lower than $1120. Still a chance we've already bottomed of course or that the bottom is only slightly lower at $2800 or even 3k. However I feel confident that the lowest we would go is $1120 based on the past history of major peaks and bottoms on bitcoin. I don't believe the ultimate btc bubble pop has happened and feel this market is only just beginning so for that reason I think the lowest it will go for a bottom is $1120. last bottom was a 86% drop from the 2013 peak we have only fallen about 81% from the 2018 peak so there's likely still a capitulation candle to come I think we can dip around 86-90% from the recent ath before bear market finally ends.

5 Des 2018

Catatan

last time we went up from the bottom to the ath we went up over 9,000% if we bottomed at 1120 and went up 9,000% again for the next bull run 1 btc would be worth over $110,000!