Again we are come back with our magic. The question is buzzing in bitcoin world that what is the bottom price of bitcoin after this ATH 19600?
So here we just did a great analysis for bitcoin long term holder. so check this chart guys.
Bitcoin first biggest rally started in 2013 and goes ATH at $1070 in JAN 2015. Further btc value decrease from Jan to mid july at 235.
From mid July (first green circle price approx 235) btc biggest rally started from $235 to $19100+.
Yes, there are many short correction between mid 2015 to dec 2018.
Now We can see in next downtrend in Jan 2018 after bitcoin ATH $19100. Like same as 2013 btc started its next correction for its again highest rally. So btc can bounce from 4000-4700 dollar area(second circle) and 2500-3500 dollar area(thirst green circle.
After that long term target 22000-25000-34000-40000. All possible
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Note
$2500 to $3500
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Broke & Crossed
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BULL WAS BEGAN WHEN 4500 DOLLAR CROSSED . How Accurate
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