Short

Bitcoin end of bear market indicator nobody is talking about

Updated

To put it simply when the blue line crosses the red line the bear market is officially over and as you can see its still a long way to go. In my opinion bear market will last another year and we will see the end of it early 2020. I think we will have one last drop and see bitcoin touch 2500 area as the lowest point and stay in the 2500-3500 range before starting a new bull cycle.

Note

Update: As we can see on this updated chart the Bull market was rejected.
Bear market may last longer than expected.

Moliner85

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.